Democrats are never responsible for the completely foreseeable consequences of their actions.
They passed laws forcing banks to make loans to people the banks didn't want to loan money to. Why did the think the greedy wall street people didn't want to loan them money? Racism
They're money is just as green as anybody elses. Ask the cigarette and alcohol companies. Bad loans are going to be a losing proposition in the long run
So they make the loans, the progressives are happy, and they started making these loans because they found a way to scam some quasi-government corporation into buying the bad loans. It all spiraled down hill from there.
But Obama said something 2 years ago. If he really foresaw this disaster and all he did is write a letter, how is that better than not realizing the scope of the problem
Yeah I saw the disaster coming, but I was too busy running for President to make sure it didn't happen. They are all for taking credit, but not responsibility. Didn't we learn anything from the Clintons?
Stupid people can cause problems, but it usually takes brilliant people to create a real catastrophe. Thomas Sowell