Some would like to tell you this is about some bad loans that came due that some low income to mid income Hispanics and Blacks took out because of a entitlement minded Communist Clinton... forgetting that "bailout" of those gov't controlled corporate entities already happened ... this present one deals w/ the banking, credit and financial markets .....
This financial crisis has many layers and dynamics to it ...
Its INTER-RELATED causes are rooted in many areas ... that have to come to a head .... including sub-prime mortgages, government de-regulation policies, croniysm, greed, mortgage-backed securities and securitization practices, etc. etc. etc.
Causes that can be traced to bad decisions made by legislators on BOTH SIDES OF THE AISLE .... MULTIPLE ADMINISTRATIONS AND THEIR AGENCIES .... heads of corporations and banks, investors and consumers ....
Please inform yourself and do not rely on TALK RADIO ... or Pastor Sean Hannity to give you the full picture .... or any forum that may be leaning towards a candidate because they think it is their spiritual civic duty to do so ...
This is a link that lists that many causes and history of the mess we AS A NATION ARE IN .... THAT DEALS W/ THE SUB-PRIME MORTGAGE AND FINANCIAL BANKING CRISIS WE ARE IN ...
http://en.wikipedia.org/wiki/2007_su...nancial_crisis
Please stop the campaign of fear, smear and half-truths.
We don't need a career-politician ... we can't afford it.