The most massive problem is still the housing market distorted by the false carrot offered by Shrub and Greenspan, that every American could afford a home if interest rates were low enough.
It is going to take at least a decade to level off from this disaster. And meanwhile, I sure would appreciate it if A G kept his mouth shut and didn't accept appearance bookings with the media - where he can try to justify this debacle.
The current stock market turmoil goes right back to this program of "giving" (?) loans to those unable to afford them. The social price has been enormous from this major blunder.
The fact is, many citizens will be lucky if they can afford rental housing, and a huge segment is going to need publicly subsidized housing.
All of us are paying the piper courtesy of the administration that cooked up this phony prop to create the illusion that they were offering utopia.
So I hope the media lays off featuring those who want to lay the blame at Obama's feet. It belongs in the hands of Bush and Greenspan.
graysmoke
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