I have linked on my blog to Orson Card's analysis of the credit crisis and reporter malpractice. Today Cong Henry Waxman tried his best to get experts to blame deregulation what he got back was Fannie Mae
the primary cause was greed and lack of legislation.. part of the legislation should have read "if you sell a house or give a credit card to an illegal or to a family you know via documentation cannot afford it then you will spend the rest of your life behind bars where you'll take your last breath.." that would have stopped some of the scams..
@TheBlueDane Fannie and Freddie bought all of those mortgages then democrats in Congress lied for years that there wasn't a problem. You get a life dude
You are retarded if you think Fannie Mae and Freddie Mac caused the crisis. There is endless information out there about the real culprits (big banks and Wall Street colluding to pump up the real estate market for short term gains thru vehicles like CDOs). Get a life.
the primary cause was greed and lack of legislation.. part of the legislation should have read "if you sell a house or give a credit card to an illegal or to a family you know via documentation cannot afford it then you will spend the rest of your life behind bars where you'll take your last breath.." that would have stopped some of the scams..
Dewdaahman 2 months ago
@TheBlueDane Fannie and Freddie bought all of those mortgages then democrats in Congress lied for years that there wasn't a problem. You get a life dude
prrolg 4 months ago
A significant role, absolute fraud, why aren`t these people in prison ?
TheSaccasa 5 months ago
Real culprits, DEMOCRATS, Pelosi, Frank and Waxman. Frank covered for his lover, that ius a fact. Big Banks and Wall Street took a bath.
NewGenerationMA 9 months ago
You are retarded if you think Fannie Mae and Freddie Mac caused the crisis. There is endless information out there about the real culprits (big banks and Wall Street colluding to pump up the real estate market for short term gains thru vehicles like CDOs). Get a life.
TheBlueDane 1 year ago
We need to sell NaziFornia to Mexico. We don't need them anymore!!!!
willdav713 1 year ago
Really :D
Visfen 1 year ago
para que sigan diciendo que Venezuela está en crisis... tomaaaa!! informense bien y después hablan!!....
frankelchamo81 3 years ago
And to think that Shays wants to work with Waxman???
NEPatriot 3 years ago