Quote Originally Posted by dirtwarrior View Post
The 08 economy bust. You remember Bill. He wanted everyone to own a home. The economy flourished with that blunder. Construction workers, land was bought and sold a lot, banks were getting a lot of business. The problem was in a nut shell is since home were sold so fast many were substandard and sold for an inflated price. Loans were given to people who had no resources to pay them back. Home loans were sold at a reduced price. Banks took a hit and brought every one down with them. Yeah the economy flourished but at a dear cost.
A blunder Obama did was to mess with insurance. A lot of Dr office and pharmacies are out of business because of not getting paid. Insurance rates for those paying for it went up 2 and 3 fold. Someone is making money off this. Again at what cost?
not many know about that bill.. at the end of the day not everyone can have or afford a house