HUD is off the hook for mandating quotas for low quality loans on the GSEs in the 90s that rose to 50% under Clinton and 55% under Bush ?
Andrew Quomo is off the hook for committing 2 Trillion dollars for the funding of purchasing low quality loans ? ...( HUD Secretary in 2000 )
Bill Clinton is off the hook for putting in his own people into the GSEs from 1993 to 1998 ? Which included both CEOs and over half of the board of directors ?.....I wonder why he wanted over half of them replaced ?. ...Hmmm...Hold on I'll think of it...
Hes off the hook for ordering the 1995 executive order that changed CRA compliance from a process oriented compliance to a results oriented compliance ? ( that means they HAD TO actually show they were lending to low income borrowers instead of showing they were looking for low income borrowers )
The Investment banks traded toxic mixed MBSs . Where'd they get em ?
Well Govt Backed Toxic Mortgage Backed Securities only come from one place .
Its a simple one dimensional world you live in but try not to let it affect the rest of us who rely on truth and objective data when making our decisions.
Its bad enough you guys saddled us with Obama for 8 years ....and his "recovery"