“Government’s housing bias created a permissive climate for lax lending. Both the Clinton and present Bush administrations bragged about boosting homeownership. Regulators who resisted the agenda risked being ’roundly criticized.'” (Read more from washingtonpost.com)
SEE ALSO:
–Video of President Bush boasting about home ownership
–How A Clinton-Era Rule Rewrite Made Subprime Crisis Inevitable
The Prophet, Ron Paul: “Politicians throughout history have tried to solve every problem conceivable to man, always failing to recognize that many of the problems we face result from previous so-called political solutions. Government cannot be the answer to every human ill. Continuing to view more government as the solution to problems will only make matters worse.”