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MakeALaskaGreatAgain 1 point ago +1 / -0

Yup W was real bad. Obama seems worse everyday but W probably still is the worst.

Telling everybody to invest in the giant housing ponzy scheme that brought the economy down and ushered in Obama.

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deleted 1 point ago +1 / -0
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MakeALaskaGreatAgain 1 point ago +1 / -0

I disagree. that whole thing was a giant ponzy scheme and his advice sucked. It was his economy and his economic advisors. Its his job to know.

Of course I think it was just another plot to destroy and destabilize America so i think that skull and bones dimwit was in on it. I do know one thing you will never convince me no 322 skull and bones member is a legit Christian!

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deleted 1 point ago +1 / -0
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MakeALaskaGreatAgain 1 point ago +1 / -0

no there was massive fraud with the ratings agencies on board bundling junk CDO's as AAA investment grade offerings. The economy was ruined by this when it was revealed to be a house of cards.

The people in the housing market were getting paid huge sums of money to sell mortgages to people who had no means of paying. It was far from just bad policy. It was fraud.