Cross posted at www.thepoliticalclass.com
Clinton says that he didn’t have sexual relations with that economic crisis.
Bill Clinton claims that he had nothing to do with mortgage meltdown. I love this AP photo of him denying any responsibility for greenlining. Doesn’t that pose look familiar? Link to current AP story here.
“My question to them is: Do any of them seriously believe if I had been president, and my economic team had been in place the last eight years, that this would be happening today? I think they know the answer to that: No.”
Peter Coy wrote a story in Business Week back on February 27th, 2008 regarding the Clinton administrations role the mortgage problem. You can find that story here.
The NY Times covered Clinton’s policy push for mortgages in an article in September of 1989. Link to their story here.
Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits
Now back to the current photo of Clinton denying a role in this mortgage meltdown. Let’s compare his current denial of any wrong doing with his press conference regarding Monica Lewinsky.