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garrytoo preguntado en Politics & GovernmentPolitics · hace 1 década

Why do the conservatives keep pouring trillions of dollars into our economy?

When the entire problem was created in a house bill in 1977 and strengthened again in 1995, loosening credit restrictions.

9 respuestas

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  • Curtis
    Lv 6
    hace 1 década
    Respuesta preferida

    Wrong again,,,,,liberals are controlling everything.

    Try looking up The Community Reinvestment Act

    signed by Jimmy Carter and implemented by Billy Clinton.

    Which forced mortgage lenders to give out federal backed mortgages, to high risk individuals, and now you have sub-prime mortgages.

    All under the name of affordable housing, these mortgages were bundled and sold by Fannie Mae under the realm of Franklin Raines and then sold to all the banks that collapsed.

  • hace 1 década

    The conservatives haven't been in charge of the purse for the last two years. That's when things went downhill. Before that, times were good.

  • hace 1 década

    UHHHHHHHHHHHHH..........

    Congress is majority Democrat, the president is now a Democrat. Enlighten yourself look up Community Reinvestment Act and read about it and notice that Democratic presidents were the ones that loosened the restrictions on it.

  • DOOM
    Lv 7
    hace 1 década

    Conservatives are not doing that. You're confused on the definition of the term.

  • Anónimo
    hace 1 década

    Who is pouring money into the economy????

  • Anónimo
    hace 1 década

    Indeed. I dont quite understand it myself.

  • Anónimo
    hace 1 década

    What in the WORLD are you talking about?

  • Anónimo
    hace 1 década

    the democrat party owns it all...God help us!!!

  • Anónimo
    hace 1 década

    Conservatives?? CONSERVATIVES????

    Oh, my, God...

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