“Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit he won't accept. Bill Clinton and Jimmy Carter came up with this scheme that resulted in the subprime mortgage crisis. They said it was unfair that poor and minority people didn't have houses, so we're basically gonna give 'em houses. How are we gonna do that? We're going to make the banks loan them money, knowing full well they can't pay it back.”
Quote by Rush Limbaugh
Author
Rush Limbaugh
Rush Limbaugh (January 12, 1951 – February 17, 2021) was an American conservative talk show host, political commentator, and author. He hosted 'The Rush Limbaugh Show,' a nationally syndicated radio program that became one of the highest-rated talk shows in the United States since its debut in 1988. Known for his outspoken and controversial style, Limbaugh criticized liberal policies and the Democratic Party while advocating for conservative values. His show reached millions of listeners, shaping the rise of right-wing media. He also authored books like 'See, I Told You So' and received multiple industry awards. In 2020, he was awarded the Presidential Medal of Freedom. He died of lung cancer at age 70. more