De's Shop

A little political opinion from the middle with a little common sense added to spice it up.

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Location: Uniontown, OHIO, United States

I own a small gift shop that specializes in Teddy Bears. We also sell on the web at www.descorner.com

Wednesday, December 05, 2007

Sen. Hillary Clinton (D-N.Y.) is threatening Wall Street with regulation of the mortgage investments that proved so

Sen. Hillary Clinton (D-N.Y.) is threatening Wall Street with regulation of the mortgage investments thttp://www.politico.com/news/stories/1207/7208.html

Mortgage lenders didn’t have balance sheets big enough to write millions of loans on their own,” she said. “Wall Street originated and packaged the loans that common sense warned would end in foreclosure. Some people might say Wall Street only helped distribute risk. I say, Wall Street shifted risk away from the people who knew what was going on and onto the people who didn’t.
After her quick gains on the market run I wonder just what she thinks she ccan do to them. They are the ones that elect presdents, not we poor little weary citizens.

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