The bad mortgages were backed by credit swaps that the GOP kept from being regulated; Clinton’s legislation was aimed at "red lining" not forcing bad credit risks. The dollar dropped under GOP fiscal policy, raising the cost of everything. $4.00 gas shocked the system, closing wallets; and exasperating an already slowing economy.

As I predicted GOP policy of raising the National debt to GDP ratio would accelerate due to a shrinking economy in 2009.