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Old 03-26-2008, 05:23 PM  
xmas13
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Join Date: Dec 2004
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Democrats can be blamed for sub-prime mess

GDP per capita in New York and California (left wing fiefdoms) might be above US average but real estate prices are insane, and how is it possible in a country with a negative savings rate?

Loans from Asians and Europeans.

What about the trade deficit? Democratic free spenders. With their money? No, all borrowed from outside the US.

Who were the first victims of sub-prime mess?
African Americans and Hispanic immigrants earning slave wages.

Democratic businessmen now begging for hundreds of billions in emergency loans from the Fed while millions of their voters have seen their homes foreclosed.

Rich Democrats conned foreign investors, conned their African American voters, and they expect to win US elections and attract international sympathy?

Fuck off.
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