The Gov. Fault, they are the ones we put in charge Borrowing the MONEY -
God said, “I need someone who doesn’t grow anything or make anything but who will borrow money from the public at 0% interest and then lend it back to the public at 2% or 5% or 10% and pay himself a bonus for doing so.”
so in the END it is 'WE the People' fault for allowing a Central Bank to run things .....
yes It was Frank Dodd / Barny Frank - Bill Clinton's Fault
God said, “I need someone to lend money to people with bad credit at 30% interest in order to get his stock price up, and then, just before the loans turn bad, cash out his stock and walk away. And who, when asked later, will, with a tearful eye, say the government made him do it.”
lawsuits, red line neighborhoods .... racism
Communist ............
I need someone who will then foreclose on those homes, kick out the occupants, and switch off the air conditioning and the plumbing, and watch the houses turn back into dirt
NOBODY was forced at GUN point to take out a loan they could NOT Afford ... it was PERSONAL GREED
do I think housing prices are 'artificial' hell yes, do I thing then whole McMansion thing was ignorant - HELL YES