YouTube - Second Wave Of Mortgage Defaults Part 1
Lets get some facts straight about WHY and WHO is responsible for this in perspective.
William Clinton wanted regulations lifted on banks who were securing and making good loans.
Bush tried to reign in the nonsense. ACORN and Barack Obama with the help of Barney Frank made sure that even more people could get loans even though they would not really qualify. These people could not get loans on their own, but rather were given loans because they were underprivileged.
Please watch the time line below ~~~~ The Munz
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