April 3, 2013

Wait just a moment - is our collective memory that bad?

From The Washington Post:
Obama administration pushes banks to make home loans to people with weaker credit
The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
We just crashed six years ago for the same damn reason. We do not need to do this again. Time to drain the swamp -- throw all the buggers out and start over. Senatorial term limits would be a wonderful idea... Posted by DaveH at April 3, 2013 11:15 PM
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