The Clinton campaign is starting it’s first coordinated effort focused on Trump. And while you might expect that effort to underline Trump’s odious stand on immigration or his ridiculous statements on national defense, the campaign feels that Trump does that job well enough on his own. Instead, they’re going to look at something else. The connection between Trump and the housing crisis.
About a dozen surrogates and local elected officials in Ohio, Virginia, Pennsylvania, Florida, New Hampshire, Iowa, Colorado, Nevada and elsewhere will host calls, events and release statements focused on Trump’s response to the housing crisis that precipitated the economic recession. …
"You don't make America great by rooting for its economy to fail,” Ryan said in a statement. “While Hillary Clinton was proposing measures to ease the effects of the housing bubble on American homeowners before the crisis, Donald Trump was cheering on the market's collapse and reportedly peddling sub-prime loans so he could try to get even richer.
Trump notoriously started Trump Mortgages to engage in exactly the kind of predatory lending that acerbated the problems of the housing market. Even though he was aware of the problems in the market, Trump created his mortgage firm in 2005 and declared his intention to ride the housing bubble till it popped.
“How you react to the so-called housing bubble can be a barometer of your business personality,” he wrote in a September 2005 blog post. “Are you the type of person who takes advantage of positive situations when they present themselves, riding them out as long as they last?”
Not only did Trump become a player in the crisis by turning his mortgage company into a source of subprime loans, he also looked forward to the crash, hoping to make more money by picking up the properties left behind by some of the same mortgages Trump Mortgage was handing out.
"If there is a bubble burst, as they call it, you know you can make a lot of money," Trump said … “people like me would go in and buy like crazy."