K
KQP
Guest
I had a copy of the article in the New York Times from 1999 where Bill Clinton pretty much mandated that the banks and financial institutions would have to give a portion of their mortgages to people who really didn’t qualify. Can’t find the copy, but don’t know if anyone else has it and wants to quote the actual words.Yes, you are right, it was Jamie Gorelick. She is also one of the main bumblers on setting up all the roadblocks that prevented our intelligence community from catching the 911 hijackers before it was too light.
But yes, Miss Gorelick, Mr. Barney Frank, and Mr. Dodd are the main stooges that help set up the banking fiasco which, as you pointed out so accurately, President George Bush tried to fix before it was too late!
I’m sure all the trouble started before that time, but that is a specific example of the govt forcing businesses to make a bad business decision. And we all know what happened later with the subprime mortgages. Can’t understand why there is so much foreclosure - they couldn’t afford their mortgages in the first place!!!
Can’t imagine how they would sabotage the health care industry if they got their hands on it.