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What Caused the Financial Meltdown?
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<blockquote data-quote="av8torntn" data-source="post: 406517" data-attributes="member: 8259"><p>I know you had already brought up most of the things in the video but I was surprised to find out Pres. Bush in the early years of his presidency had pushed legislation to farther regulate the mortgage industry. I know I should have already know since he is a big government republican but I had missed it. The problem remains that the voters demand easier access to the mortgage markets. Until this changes they will continue to elect politicians who cater to this desire. These things always start out with the best of intentions but somehow we all, in the end, wind up footing the bill.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 406517, member: 8259"] I know you had already brought up most of the things in the video but I was surprised to find out Pres. Bush in the early years of his presidency had pushed legislation to farther regulate the mortgage industry. I know I should have already know since he is a big government republican but I had missed it. The problem remains that the voters demand easier access to the mortgage markets. Until this changes they will continue to elect politicians who cater to this desire. These things always start out with the best of intentions but somehow we all, in the end, wind up footing the bill. [/QUOTE]
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