Comments on: Treasury Chief: Foreclosures Unavoidable

Too Many Americans Were Allowed To Buy Homes They Couldn't Afford Says Henry Paulson

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by txgrouch2006 July 8, 2008 11:14 PM EDT
BILL CLINTON deregulated the home mortgage industry.

He removed the rules that had been put in place to prevent a repeat of the home foreclosure crisis that occurred in the 1980''s.

The result? THE EXACT SAME CRISIS is happening again today.
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by mcv57 July 8, 2008 11:02 PM EDT
Let''s pray and hope that Uncle Ben does not come to the same conclusion when the U.S. banks go bust.
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by whitemale08 July 8, 2008 10:58 PM EDT
Paulson is a Joke!!!

This guy has been telling us since he was appointed that we were prosperous, and that the fundamentals of the economy were strong.

Man... you''re worse then Bush; you have no credibility left.
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by undermyboot July 8, 2008 9:58 PM EDT
Paulson is only concerned with the average American where it impacts Big Finance, Big Oil, and Big Weapons Contractors. Otherwise, if you are being scr*wed by the economy and the incompetence of the Bush/McCain/Republicans, then they could care less. "Sorry, nothing we can do to help you. You are not a big Republican contributor."

Vote for rich people and corporations! Vote McCain!
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