That meme seems to be gaining some steam on wingnut radio. Yesterday, Fats Limbaugh and Mark "Foamer" Levin both blamed Democrats, liberals and yes, Bill Clinton, for the housing crisis. In their minds, the Evul Libruls forced Fannie and Freddie to make home loans to people who couldn't afford them, thus causing the subsequent housing bubble and its inevitable collapse.
They did not mention any role for the ratings agencies, Alan Greenspan, or the no-fault CEOs.
Wednesday, September 17, 2008
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