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Tuesday, April 1, 2008

Guess Who Created and Encouraged The Housing Financing Crisis
General item by Malcolm T. Hedges

Ruling Progressive Demercrat Congress members demanded that people unqualified for housing loans be granted loans!

Progressives love to conscript and give away other peoples money and justify it as being for “the general good”.

And so we have a major burp in the financial industry and never a mention that Congress was a major player.

As a general observation, I would suggest that whenever Congress plays with the economy Americans are at serious risk!

Brokers bought into the scheme as well as self-centered Progressive/Socialist mush mind customers, but face it… Congress invited and encouraged the whole mess.

The Sub Prime housing debacle was brought to us by Congress and they are yet to bother to deny it?


Posted by Malcolm T. Hedges .   Email (Permalink)

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