The mortgage meltdown of 2008, which served (and continues to serve) as a bludgeon for Democrats to blame George W. Bush, Republicans, and free markets for all the economic misery stands as one of the great, deceptive propaganda triumphs of American history. The low and medium information voting public does not know that banks were bludgeoned by regulators into giving mortgages to people who could not afford them. And now we have the admission that they were served up false information to make it appear as though Obama and the DoJ were doing something to improve things.
Posted on: Thu, 15 Aug 2013 17:30:39 +0000