|
You are correct -- I will backpedal slightly and agree the lenders are to blame...to a point.
However it's also necessary to point out that during the Clinton administration (hello, Democrats?) lenders began to be forced into giving loans to people with risky credit under the affirmative-action lending policies, sometimes approving risky loans and denying the better ones, or else they'd face prosecution.
Can't blame it all on the lenders. Or the Republicans.
|