Quote:
Originally Posted by ObamaSuperStar
You haven't been paying much attention to what was going on around you have you? The housing and financial crisis didnt start within the last year, experts have been calling this fall out for about 2 or 3 years now and still nothing was done. Your premise to blame in on the democrats lacks substance. IT WAS BOTH PARTIES THAT FAILED THE AMERICAN PEOPLE! Once you can seem to understand that concept then you will be able to understand the situation that we are in today.
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It was both parties that failed the American people, but to focus purely on what a party did neglects the action which lead to failure. If we could temporarily forget about partisan politics and concentrate on policy issue, then we could actually have a debate. And the action which lead to disaster was federal support and intervention in the housing market, which encouraged certain companies to give bad loans with federal protection given in order to help poorer people who shouldn't have gotten loans. It isn't a certain party that got us into this crisis, it's a dangerous policy of government intervention and involvement. That's the real issue, not party politics.