This blog is dedicated to progressive and liberal thought. It also discusses new technology, how technology affects privacy and developments in Russia, China, Eastern Europe and the Middle East. Rightardia fully supports the rights of workers to organize, the feminist movement, and all Americans regardless or ethnicity, sex or gender.It uses humor, satire and parody to expose conservative thought for what it truly is: BS! Rightardia contributes to the DNC, DCCC, DSCC and MoveOn.Org.
Tuesday, October 25, 2011
The heritage of the Bush Ownership Society
Bush's dream was that every American would own a home. So the administration encouraged easy credit and the congress deregulated and deregulated. The Wall Street investment banks took advantage of the regulatory lapse and launched a real estate Ponzi scheme that made billions.
The loss of home equity is the outcome of the Bush Ownership Society.
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