Jeffery Lord Schools Former Philly Mayor on Origin of Housing Collapse

Nicholas Fondacaro | May 25, 2016
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NewsBusters contributor Jeffery Lord laid out the facts about the origin of the housing market collapse of 2008, on CNN’s America’s Choice 2016 primary coverage Tuesday night. “You've got people out there saying that the Clinton housing policy helped cause the housing crisis in the first place,” Lord stated, after being asked if it was smart for Hillary Clinton to attack Donald Trump for his comments about the bubble poping. Former Philadelphia Mayor, Michael Nutter had a bone to pick with Lord over his facts.

Nutter wanted to blame the collapse, not on bad government policy, but solely on Republican President George W. Bush:

You may have missed this. This was 20-some years ago. I think the housing crisis was caused. I was Mayor at the time. When the economic crisis took place, I think that was of more recent tenure.