From Angry Taxpaying Baby Boomer! in reply to Olin Ross on October 3, 2008 at 3:36 pm.  

Read your history books -- Clinton started the current mortgage crisis in 1994 by allowing Fannie Mae and Freddie Mac that loaned people who could not afford home mortgages! My income taxes increased to $3,800 the first year Clinton took office as President though my salary had not increased! If you think the economy is in a crisis now, wait until Obama is President! You may be too young to remember the Carter years... but I remember inflation was a whopping 16% and interest on home loans was 14-16% and there were gas lines 2 miles long!