Selasa, 31 Januari 2012

Q&A: Aren't the democrats to blame for the economic problems in America?

Question by Joe S: Aren't the democrats to blame for the economic problems in America?
Wasn't it the democrats in the 1990s who passed acts to force banks to give out loans with Adjustable Mortgage Rates to people with bad credit (sub-prime mortgages) ... then when the rates adjusted themselves every 5 years, a lot of these sup-prime people were unable to pay their loans back ... which eventually lead to banks having their assets clogged ... which eventually lead to a trickle effect with

Loans Bad Credit Loans

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