Originally <a href='/showthread.php?p=15907678'>posted</a> on 09/05/2012:
Economy crashed because of the housing market.
Was set in motion by Jimmy Carter, and was intensified under Clinton.
When Government forces banks to make bad loans in the name of diversity and social engineering nothing good can come from that.
It took awhile for the house of cards to crumble, but when it did, it was disastrous.
There were plenty of warnings (including warnings from Bush himself) that this would happen, and to blame Bush for this is absolutely ridiculous.
Economy crashed because of the housing market.
Was set in motion by Jimmy Carter, and was intensified under Clinton.
When Government forces banks to make bad loans in the name of diversity and social engineering nothing good can come from that.
It took awhile for the house of cards to crumble, but when it did, it was disastrous.
There were plenty of warnings (including warnings from Bush himself) that this would happen, and to blame Bush for this is absolutely ridiculous.