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Obama Lied, the economy died
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<blockquote data-quote="Babagounj" data-source="post: 565378" data-attributes="member: 12952"><p>No I didnot overlook the real causes.....the democrats.</p><p>After the great depression laws & regulations were put in place to halt the loose market practices. Along comes Barney & friends and a out of control housing market is born. Anyone & everyone who wanted a home could get one no matter what their income or the lack of an income happened to be.</p><p>When a lousy 5% started to default on their loans, the whole market crashed.</p><p>In case you missed the point; FDR was 'saved' by WWII. Will WWIII save BHO?</p></blockquote><p></p>
[QUOTE="Babagounj, post: 565378, member: 12952"] No I didnot overlook the real causes.....the democrats. After the great depression laws & regulations were put in place to halt the loose market practices. Along comes Barney & friends and a out of control housing market is born. Anyone & everyone who wanted a home could get one no matter what their income or the lack of an income happened to be. When a lousy 5% started to default on their loans, the whole market crashed. In case you missed the point; FDR was 'saved' by WWII. Will WWIII save BHO? [/QUOTE]
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