It really was billions. Their greed is unlimited
Clinton was in politics. Clinton wanted votes from
blacks and others who were bad credit risks so he leaned on banks, forcing them
to give easy credit, mortgage loans to buy houses that were unlikely to be
repaid. He bought popularity with other people's money. He bought votes.
Chickens came home to roost later, after he left office. See something on the
results at
Financial Crisis 2008. It began in 2008.
It is far from finished. In fact he is not the only guilty party. Politicians
wanting votes are just one more lot.
Wall Street was there
with its snouts in the trough, soaking up the billions.
It really was billions. Their greed is unlimited
Greed returns to Wall Street: Bankers' pay to hit record $144bn ...
"13 Oct 2010 ... Wall Street firms will hand out £91billion in salaries, bonuses and perks, ... who have bailed out the banking industry with billions of dollars. ..."
www.dailymail.co.uk/news/article-1319836/Greed-returns-Wall-Street-Bankers-pay-hit-record-144bn-despite-financial-crisis.html
Wall Street Banksters To Hand Out $91 Billion In Salaries, Bonuses ... - http://www.infiniteunknown.net/2010/10/13/wall-street-banksters-to-hand-out-91-billion-in-salaries-bonuses-and-perks/
Bill Clinton's Role in the Mortgage Crisis - not bad, Trotoid - http://www.progressivehistorians.com/2007/11/bill-clintons-role-in-mortgage-crisis.html - http://www.businessweek.com/the_thread/hotproperty/archives/2008/02/clintons_drive.html
Minorities' Home Ownership Booms Under Clinton but Still Lags ...
"31 May 1999 ... It's one of the hidden success stories of the Clinton era. ... Fannie Mae and Freddie Mac buy mortgages from lenders and bundle them into ..."
articles.latimes.com/1999/may/31/news/mn-42807
They Gave Your Mortgage to a Less Qualified Minority - HUMAN ...
Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton's ..."
www.humanevents.com/article.php?id=28714
Mortgage discrimination - Wikipedia, the free encyclopedia
"In 1993 President Bill Clinton made changing the Community Reinvestment Act to ... Minorities willingly entered sub-prime mortgages in far great numbers than ..."
en.wikipedia.org/wiki/Mortgage_discrimination
Guess again who's to blame for U.S. mortgage meltdown
"19 Sep 2008 ... "Home mortgages have been a political piñata for many decades," writes ... among minorities, calling it "one of the hidden success stories of the Clinton era." ... "The mortgage industry intends to pursue minorities with greater ..."
www.wnd.com/?pageId=75717
From Sea To Shining Sea: Mortgage Crisis Began Under Clinton
"21 Oct 2008 ... Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to ..."
forthegrandchildren.blogspot.com/2008/10/mortgage-crisis-began-under-clinton.html