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Josh Bolten, on the RecordQuicklink Submitted By Sheila Samples No comments
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| When asked about the crisis, the chief of staff offered a familiar analysis, tracing the troubles to an overheated housing market. "We had a lot of people buying homes, which was a good thing," he said. "We had a lot of people buying homes on cheap credit. Which is normally a good thing -- but it turns out we had too many people buying homes on too-cheap credit |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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