Is it fair to blame Obama for job losses that occurred from subprime mortgage meltdown caused by Fannie Mae?
Is it fair to blame Obama for job losses caused by the Subprime Mortgage Meltdown when congress failed to prevent Fannie Mae from recklessly inflating real estate prices and using greedy derivative traders like George Soros to pack toxic real estate debt into every cranny of the global economy? Obama was only a one term junior Senator of Illinois at the time and it seems unfair to think he was responsible for anything at that point...do you agree?
Asked By: Smart Guy - 6/6/2012
Best Answer - Chosen by Asker
No, blame the Democrats... More
Answered By: Obama Ate a Dog - 6/6/2012
Additional Answers (4)
It’s also quite wrong to put all the blame on Fannie Mae, when Fannie Mae was a small portion of what was behind the devastating collapse -- the deregulation of Wall Street is mostly to blame. You know, the same thing Mitt Romney would like to do again if he takes office.
Answered By: VoteVoteVote - 6/6/2012
We aren't blaming Obama for that...we are blaming him for lying to us about fixing it.
Answered By: -_- - 6/6/2012
"Do I agree" No, not entirely, Reagan fixed a mess in three years what is Obama's excuse? 0 right Obama was not qualified for the job in the first place. Have a nice day
Answered By: Sandy Kroger - 6/6/2012
Obama, Clinton and Acorn teamed up in the late nineties to start making banks loan to black folk that couldnt afford to pay the loans back, thats where the housing mess started. Look it up
Answered By: Excuse Me - 6/6/2012
$21/hr Start, Avg Pay $72K/yr No Experience Needed! Get Started.
Are you the Beauty Expert in Your Group? Then Say Yes to Sell Avon!
Click. Search. Apply. Free!
New job opportunities added daily. Search & apply for DC jobs now.
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.