Are you trying to blame the high risk mortgage loans that took out the economy on the Republicans? You are very uninformed if that is your argument dude.
Actually, you can blame Clinton for the sub prime lending, as he's the one that pushed and signed the act to open up lending to people that couldn't pay their bills. . . . . facts are out there. Just go look...
Facts, huh? I don't listen to Keith Olberman or Rush Limbagh either for that matter. I don't listen to anyone who gets paid to make political opinions based on television/radio ratings
rather than relative truth. They're all liars, either left or right, that YOU actually believe. That's the sad part.
My problem with the Republican party during this time is their lack of ability to END sub-prime lending in the 13 years that they had the majority of Congress leading up to the crash.
You obviously won't find the truth yourself. Instead you'll listen to political liars on TV and Radio.
Do me a favor, before you ask for the truth . . . FIND IT!!!!
Who were the most influential Congressmen that could have ended or regulated the banks to prevent the crash of 2008? Look at the money these people got from the banks that are now Bankrupt (since campaign finance reporting started):
Dennis Hastert (Republican Speaker of the House 1999-2007): $6,500 Countrywide Financial Corp. PAC, $5,000 from Fannie Mae POC, $2,000 from Merrill Lynch POC, $3,800 from AIG POC, $22,000 from Lehman Brothers POC, $20,000 from Washington Mutual POC, $3,000 National City Bank POC
Trent Lott (Republican Senate Majority Leader & Whip): $3,000 from Bear Sterns POC, $1,000 from Merrill Lynch POC, $1,000 from AIG POC, $5,000 from Lehman Brothers POC, $5,000 from Washington Mutual POC, $500 from Wachovia POC
President George W. Bush: $5,000 Countrywide Financial Corp. PAC, $10,000 Angelo Mozilo (Co-Founder of Countrywide), $2,000 from David S. Loeb (Co-Founder of Countrywide), $6,000 from AIG POC, $5,000 from Washington Mutual POC, $9,000 from Wachovia POC, $3,000 from Commerce Bancorp, $10,000 from National City Bank
Republican Misc. Committees: $242,500 from Bear Sterns POC, $54,000 from Countrywide Financial Corp. PAC, $166,000 from Fannie Mae POC, $127,000 from Merrill Lynch POC, $184,950 from AIG POC, $307,500 from Lehman Brothers POC, $219,000 from Washington Mutual POC, $46,000 from Wachovia POC, $26,000 from Commerce Bancorp POC
This doesn't count the other POC names that each of these entities contributed to that then contributed to Republican campaigns and committees.
And I'm not even going to spend the time to research the individual CEO's and other leaders of those same banks. They also contributed to the above influential Republicans. You look them up yourself: (Even though I know you won't)
Did these same POC's contribute to Dems??? FUCK YES THEY DID!!!!
Which is my fucking point to begin with . . . CORRUPTION GOES ON FOR BOTH SIDES!!!!