2008 was only partly related to government encouragement of fannie to make son prime loans. And bush encouraged that moreThan Clinton did. The other part was several big private banks bindoing the bad loans and paying off eating agencies so they could sell the loans to people who thought they were good investments so the bank making the bag loan wasn't on the hook for the rent and simply made more money for more volume and thisStarted engagong in predatory lending telling people thruir house price was going to go up forever and putting them in house they couldn't afford etc. Also have to blame all the people who took out loans they couldn't pay for. You really ought to circl your facts broo.
no
wrong
cliton allowed law that fannie must give loan, forcing fannie to make them even to those they knew not pay
then fed provided $$ outa thin air
bam bubble
barney frank and dem congress on TV saying no way gota give poor home loan
see john alison on youtube explaining all this easily
2008 not iraw but gov created housing bubble
wall st just after effect
and obama and dems then bailed out
oil on the fire
the wrong way to fix
dodd frank didnt end fannie or freddy and no one stopping fed fed bolde than ever now has unlimited money printing to buy mortgages
we should be occupying the fed!!