Thursday, October 02, 2008

If It Wasn't For Them Damned Democrats

Forcing all those bankers to loan money to poor people. It's Clinton's fault, too. WSJ (10.01.08), via Balloon Juice:
"All these no-account folks, you see, got together and forced investment banks to engineer subprime mortgages into highly leveraged securities. Then they tricked all manner of hedge funds and pension funds and financial institutions into buying these lousy products."

The GOP Blames the Victim

"Just for good measure, these struggling homeowners then persuaded bond-rating agencies to misrepresent the risk associated with these securities."



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