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POPSDid Obama"Out-Warn"on the Mortgage Crisis? No! March'07,his warnings only came when the end-user was at risk.He was at the roots of promoting, demanding,and inspiring the drive to swell home"ownership" numbers and promote unnatural preferences for non-creditworthy borrowers - by ANY methods or means. Head of the line taking Fannie $, and being fully aware that the policies being implemented could NOT POSSIBLY be resulting in the "desired" numbers if they were ethical and business-wise, Obama was SILENT. He only spoke up when it was unavoidable that HIS policies would be coming to a REAL BAD END. And since he had no other choice but to speak up, being a candidate.
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