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Uh, Mary ! This didn't start with Reagan ! It started with the Community Reinvestment Act of 1977; that's Jimmy Carter. Interest rates in the high 17-20% Mary. Then Bill Clinton told Fannie Mae to put more money into getting people houses. I know you don't want to listen but in 2001 warning came out about the Fannie Mae probably Bush wanted to get it changed. Once again in 2004 Bush warned of the problems; be it Demo or Rep. NOT ONE IN CONGRESS got their ACT together. Barney Frank was warned again and again. Get your facts straight; there is blame on BOTH sides. And it looks like no one wants to take responsibility for this.

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Mary, finally someone with common sense and a knowledge of more than just yesterday's pontifications from the talking heads (of which there are multitudes) on CNN, CNBC, et al.

The mess that America is in (and which has caused problems in so much of the world) is a result of Reaganomics, the clearly disproved mantra of the trickle down lie and that Wall street has the best interest of the people so doesn't need to be regulated. Tax breaks that only benefit the richest yet many people making less than 200k hanging on to an idea that has done nothing for them (brainwashing of the most successful kind). It seems that the majority of US citizens are all in favour of welfare for big business and farmers but not for the poorest. A very sad situation that has also contributed to the mess that Obama has inherited. But then again.. We all reap what we sew.. The financial chickens have come home to roost

— Brian-952884

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