Alan Greenspan-Subprime Mortgage to Blame for Economy Crash

[Islandborn]

Greenspan defends legacy, jabs Hill - Jake Sherman - POLITICO.com

Gee.....ya think? Thanks Chris Dodd & Barney Frank....and to Acorn for protesting outside the bankers homes in the 90's to start giving home loans to people that had no buisness owning a home or having a mortgage.....thats what apartments are for.

Islandborn Reviewed by Islandborn on 04-07-2010. Alan Greenspan-Subprime Mortgage to Blame for Economy Crash Greenspan defends legacy, jabs Hill - Jake Sherman - POLITICO.com Gee.....ya think? Thanks Chris Dodd & Barney Frank....and to Acorn for protesting outside the bankers homes in the 90's to start giving home loans to people that had no buisness owning a home or having a mortgage.....thats what apartments are for. Rating: 5

[4harley]

oil is liquid gold.when gas went to 3 then to 4$ A gallon people couldnt afford there homes.it was pay the gas so you could go to work and food or your choice was pay the rent or house payment.
oil runs the world.if it hadnt increased people would still be paying there motgage and jobs would still be hear.its all the ripple affect.the mortgage
loan people would still be gettin the loan payments they raped everyone with.
heres prof.the economy went bad when oil prices went up,the the houseing market followed.

[killerweed420]

If liberals actually cared about poor people they would be opening up federal land for poor people to homestead. Millions and millions of acres are available but then I guess the elite wouldn't be able to get rich off of that government program though.
We know GOPers don't care about poor people so they would never endorse this but I'm sure the real conservatives, the Libertarians would be for this.