I know what you mean. I've been trying to beat this frustrating, frustrating game off and on since Yahtzee mentioned it.
Who cares about Fannie and Freddie and who they paid and who they paid more? Businesses aren't stupid and will often spread moeny around to hedge their bets. Besides they aren't the cause of the crisis. It was the deregulation of the banking industry back in 1999/2000 architected by Phil Gramm and passed by the Republican congress including McCain. Anything after, just exacerbated the problem. I'm all for less regulation but when businesses act against the people's interest (S&L scandal of the 80s and today's subprime mortgage crisis) you don't reward them with a blank check to bail them out. You either let them fail or if you do bail them out, you put regulations in place to prevent the problem from happening again. There's plenty of blame to go around from the banks offering loans to customers they shouldn't have to home owners buying more than they can afford to real estate speculators driving prices upward, but if it weren't for the catalyst of easy credit made available from the deregulation, none of this would've happened in the first place.
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Cavuto is a miserable jackass, but it's painfully obvious that he was criticizing the practice of giving PREFERENTIAL mortgages to minorities on the basis of "community enhancement" or whatever. Olbermann probably realizes this.
What's next? Email your thoughts to NSA or CIA and arrest you?
They're allegedly Dutch.
That's silliness.
Every 30 minutes, not seconds. Seriously did anyone even read through the whole article before commenting?!!
it just doesn't do enough stuff differently. No compelling reason to switch.