“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Why Isn't The Clinton Administration Blamed For Starting This Foreclosure Mess?

I have found that many people are blaming Bush for the foreclosure mess and recession. Why don't more people know that the foreclosure mess that we are in is from the Clinton administration's policy on Home Ownership and that lenders were pressed to allow people who could not quailfy to buy a home.

Many people are thinking that this mess happened overnight and out of the blue. How is it that we have all fallen into this mess and we are in a fog - believing whatever numbers are thrown at us without comparison or a theory on how this happened.

What do you think and what are your clients saying?

Don't you think that it adds some hope to people when they realize that this did not happen yesterday - that this was in the works as a consequence of the decisions made long ago.

Posted Tuesday Jan 20