>Not according to factcheck.org --- but this is something that I really don't know much about. I do know that the GOP is big on deregulation though - which of course can cause all kinds of problems (and does).
>
>Actually, the meltdown was caused by MORE regulation during the Clinton years. That was when the Ninja loans were mandated....

Never heard the term "Ninja Loans" before, but it cracks me up.

When I googled "Ninja Loans" this one page summary came up:
http://russp.us/subprime.htm

It fits with what our mortgage banking customers told us at the time.
They did not fall into a moral abyss - they were pushed!