Wednesday, September 17, 2008

Inside the political football: The subprime mortgage crisis

"Sharon" over at Common Sense Political Thought (she also blogs at Gold-Plated Witch on Wheels) has a nice summary of the subprime mortgage crisis and the etiology of blame. Click the link and read the rest once your appetite is whetted.
As Ed Morrissey of Hot Air points out, the collapse of Freddie Mac and Fannie Mae happened on George W. Bush’s watch, and for that, Democrats will try to pummel him. And he certainly didn’t pursue any regulatory solutions wholeheartedly, but it’s not like this was unpredictable. Indeed, the New York Times ran a story on this five years ago.
(read more)

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Hey, "Inside the political football" garners no Google hits. It's nice to think up something first for a change, especially after I discovered that "Elastic Waste Band" had already been used by a Grateful Dead tribute band.

Though I suppose somebody could have thought of the football thing and dumped it for something much better ...

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