Liberal Forum

I blame reagan for your pathetic state of mind and the dark corruption of your deformed soul, untermensch. Your highest and best use if to be put on a train bound for a work camp....

Not to mention, the key deregulation of the S&L industry and increase in the amount insured on deposits was passed in the dead of night by Dems and signed by Carter. And the inflation and rotten economy that further caused the S&L crisis was Carter's and Dems fault. So typically, liberals ...

It's amazing the bold faced lies that liberals will tell... The Community Reinvestment Act(CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 ) is a United States federal lawdesigned to encourage commercial banks and savings associatio...

They key was O'Neil's promise to cut spending in the future. Budgets are only written for one year. Once the tax hike was written into law, O'Neil broke his promise. Stunning that moonbats have firm opinions without having any clue what they're talking about....

True, Tip O'Neil broke his promise to cut spending. Reagan called the deal the biggest mistake of his presidency. But in the end, Reagan won. Federal spending fell by 2% points relative to GDP, despite Dems' efforts to keep spending high....

I believe it was for future cuts, that never happened. Reagan was naïve and trusted too much, Nancy was the cynic and trusted too little....

People are always looking for some rich republican dude to blame for stuff. The truth is S&L's did not go to the banks for their money. It was all deposits that they loaned. When a financial institution makes a bad investment they still have income flowing in. In the mid-80's when interest r...

How did they create the crash???...

Bush Sr signed the CRA in to law....

He signed off on the Tax revision laws that created the crash. http://en.wikipedia.org/wiki/Savings_an ... ct_of_1986...