The economy will collapse if Obama is elected president! Oh wait......
You're right. It collapsed after Speaker Pelosi and Majority Leader Reid took over.
Pelosi must have had the banks in terror of her socialist policies that they decided to invent sub-prime loans to appease their political masters.
Actually her team forced fannie mae and Freddie to buy the subprime loans, thereby making then profitable to make for the originators, and the rest is history. They then accepted a ton of campaign money from their cowed creature as a lagniappe.
