What do you think?

Westside Steve

http://usuncut.com/politics/video-surfaces-of-hillary-clinton-blaming-homeowners-for-financial-crisis/

She's not completely wrong here folks. There was a lot of blame to go around and individual responsibility should be the norm not the exception.

WSS

gftChris

I've written about this on here before, and basically, yes, she's not wrong, but not completely right either. People were getting in to big mortgages that they couldn't afford, spurred on by predatory mortgage lenders, who in turn were driven by a market need for more mortgages, to supply the mortgage backed securities.

So yes, people getting in to big mortgages are to blame, but they're far from alone in that.

LogicIsForSquares

My hood rat sister-in-law signed on to one of those loans knowing damn well she shouldn't be signing on the line. My in-laws ended up fitting the bill because they didn't want her and my nephew to end up on the street.

The Cysko Kid

You mean a part time worker at mcdonalds shouldn't be buying a 200,000 Ryan home?

gftChris

@the-cysko-kid said:
You mean a part time worker at mcdonalds shouldn't be buying a 200,000 Ryan home?

who woulda thought?

DieHardBrownsFan

@the-cysko-kid said:
You mean a part time worker at mcdonalds shouldn't be buying a 200,000 Ryan home?

calfoxwc

wait, it still isn't the stupid decisions by the mortgage getters that can't afford it.

It's the banks. They APPROVE these bad loans.

But why?

Democrat liberal president. Making the emotional wrong decision (knee jerk), for

allegedly the right reasons. Government interference by liberal big government,

for politically advantage results...clouded by do-gooder rationalizations.

and yes, Bush continued them. it's tough to reel big gov/entitlements back in.

That is the dire message to us.

http://www.businessweek.com/the_thread/hotproperty/archives/2008/02/clintons_drive.html