Trying to make sense of contradicting schizophrenic media narratives. It's not what they are saying but rather who is saying it that reveals the truth. Media sound bytes, written analysis, and opinions are fruits of a poisonous tree. A tree created for, comprised of, and nurtured by players with conflicting political and personal agendas. A twisted media tree of deception, omission, misleading, misrepresentation, and outright lies! What I provide in this blog is what I consider to be the truth.
Pages
▼
Wednesday, June 15, 2011
The Roots of the Financial Crisis, Democrats, Chris Dodd, and Barney Frank
The decision was to accept subprime borrowers with minimum requirements. Signing on as many as we can made the world look like everyone had a home in America. That was only temporary when the lenders realized the government forced them into loans that will never be paid back. The borrowers started defaulting on the loans and the rest is financial meltdown history. Those who caused the crisis now act like they had nothing to do with it. Juvenile, they run and hide, and ignore any responsibility. Typical Democrats.
