Is the financial crisis the legacy of the Clinton Presidency?

you betcha

it was the democrats who thought it would be a good idea for all Americans to own their own homes

whether they could afford them or not

this is affirmative action with the Clinton spin on it

Bubba really believed in this nonsenseIs the financial crisis the legacy of the Clinton Presidency?No Reagan's Presidency!Is the financial crisis the legacy of the Clinton Presidency?
Bush had 6 years of a rubber stamp republican congress that gave him EVERYTHING he asked for and 2 years of a do nothing democrat controlled congress with no veto override power so you do the mathIs the financial crisis the legacy of the Clinton Presidency?Nice try, but it won't work. The bad loans that are coming due were made from 2002 through 2006. Clinton was long gone.
No. When Clinton left office, there was like, NO national debt.Is the financial crisis the legacy of the Clinton Presidency?Uh, no. He hasn't been the president for over 7 years almost 8 years.Is the financial crisis the legacy of the Clinton Presidency?
He did sign that Gramm bill that laregly led to the deregulation.

But I think a larger portion of the blame falls on the republicans that wrote the bill.


Yes. Clinton thought everyone deserved a house and eased the loan restrictions on mortgages. Everyone wants to blame Reagan, but that was part of Billy Boy's legacy.



EDIT:



Here is a little proof from the LA Times in 1999.



Fannie Mae had been under increasing pressure from the Clinton administration to expand mortgage loans among low- and moderate-income people and that the corporation loosened its lending requirements to comply.



http://articles.latimes.com/1999/may/31/鈥?/a>Is the financial crisis the legacy of the Clinton Presidency?
That is what I was told. Clinton was behind the deregulation of the banking industry and also was pushing to get low income people into their first homes. That was behind the housing bubble, the sub prime loans Clinton pushed on the banking industry is what burst the bubble. That having been said, a person making $40K a year buying a $400K house shares the blame because there is no way they could afford to do that, they knew that, and they share an equal amount of the blame if you ask me.
It appears to be more Democrats doing, and no one undoing,
This is a typical Republican thinking; deny responsibility and deflect blame.



Perhaps you forget who controlled Congress during the Clinton Presidency...here's a hint, it wasn't the Democrats.




Well the Carter and Clinton legacy.



The financial crisis, is a great example of socialism run rampant.



It is like in india,



The government there, ordered the main oil companies in India, to sell gasoline, for less than it cost to produce it.



Then they acted surprised when those Oil companies went bankrupt.
When all of the facts come out in a few months, and they will, this is going to be the largest albatross around the democrat's necks ever and they will carry that albatross for years to come. And as usual, the democrats will try to blame the republicans but it won't work because I believe several prominent democrats will end their careers in prison. The democrats want this bailout done in a hurry to avoid the public finding out about how deep their hands are in the cookie jar.
Partly Clinton's by pushing GLBA and CRA.



Mostly the fault of the BungleBush by sabotaging OCC and everything else. This is one of the few times where he had an goal - in this case destroy somebody standing in his way - and actually accomplished the goal. His ultimate goal is to hasten the end of the world and achieve maranatha for his ilk ASAP. He's doing great.so far.



http://en.wikipedia.org/wiki/Community_R鈥?/a>



http://en.wikipedia.org/wiki/Gramm-Leach鈥?/a>



http://www.washingtonpost.com/wp-dyn/con鈥?/a>



In other words, if Spitzer didn't go whoring around, we wouldn't be in this mess today.








Actually the Community Reinvestment Act goes back to Carter. Clinton merely started enforcing it.