World Home Loans

Democrats in Congress claimed to be secure "affordable housing" in pressuring banks to give loans to people who could not repay loans.

Then, the defaults and foreclosures rise, then the financial collapse of these banks, then the collapse of the U.S. economy and collapse of the global economy.

Why are we not more angry against the congressmen and women, like Barney Frank, who started this financial machine with their "affordable housing"?

Why do not you refuse to elect those people congress?

Most Amreicans have been informed by the liberal media that Bush and Paulson were the culprits. The lack of education of 66,800,000 Americans helped seal the deal.

Because Congress did not push banks to give loans to buyers of unconditional acceptance. Put pressure on banks to grant home loans to minorities who were qualified. The banks have taken on themselves to make loans to unqualified buyers. They took it upon themselves to mislead borrowers about the risks to make a profit. The banks themselves have taken it upon themselves to repackage bad loans into securities and trade in these worthless securities as if they were gold. Affordable housing is not the culprit here, greed, lack of regulatory oversight and lack of free marketing are.Even Alan Greenspan admitted he was the absence of regulation and greed that caused this problem. He was really surprised, I am sure you are, when regulators, banks will destroy for a profit ..

typical conservative propaganda ..
Congress did not push banks to give loans to people who could not pay, they simply bought the debt a bit like a collection agency!
President Bush has been president for 8 years and 6 of those years, he chaired a Senate of the Republic! So stop crying and leave your cleaning Democrats 'Republicans' mess. This was not the Congress that created the problem in the housing market was the lack of regulation that neither Bush nor the Clinton administration chose to resolve the problem!

I did my part in the voting booth. I voted against ALL incumbents. In some cases it worked, but in others it did not. You're right but we have not heard the whole truth yet. The problem is, I prefer our government to work to resolve it now than pointing fingers at each other.

Edit: Look at the responses of "Bott K" and "Stew" which tells you why nothing has been done, we do not know the truth. Democracts The Republicans accuse the Democrats ... accuse the Republicans and nothing is done. While Media News Release is to blame? Fox or MSNBC?

Double Edit: In addition to all the finger pointing in the government that we have the finger elsewhere. Banks say "the government made them do" the government said "the people of civil rights made them do" the people who could not afford to pay mortgages, said: "The mortgage companies misled them." Where did he stop? With the whole country goes into a depression, it's there.

Even if you do replace them, you're just going to make things worse. Chances are the guy who will replace would do the same thing, but this time there was probably more Republican if Obama can not really do much beyond its first 2 years.
No matter what politicians say, almost every time they go against the other party.
Track: Are you seriously saying that people in a state like California are more gullible, then as a state of Tennessee, who still have schools that teach creationism?

more Oh, I think are checked and tired of him, I hope when Nancy Pelsoi up for election.