sf wrote:

>> What *exactly* did Bush have to do with mortgages again? The way I see
>> it half the people having mortgage problems were people who overbought
>> assuming they were going to make a killing when they flipped the house.
>> Housing prices readjusted (look at California who led that trend) in
>> many areas because they were just insanely overpriced. There were also
>> certainly mortgage lenders who got sloppy and allowed unqualified people
>> buy more home they couldn't afford which I can find fault with. Yet
>> somehow I don't see how Bush (or Clinton before) as being responsible?
>
> They did nothing to stop predatory lending practices even though it
> was obviously a train wreck waiting to happen.
>
And did these predatory practices start in 2000, or perhaps, before?
And how much responsibility did the borrowers hold here? Were they all
helpless, clueless victims?