SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Mainstream Politics and Economics

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: grusum who wrote (37447)1/10/2013 3:40:29 AM
From: Broken_Clock  Read Replies (2) of 85487
 
I've never heard of the gov't "forcing " loans...although their may be some isolated examples...

prime causes were the repeal of Glass Steagall, raising the tax free profit to 500k for married couples, ZIRP, lack of gov't oversight on wall st. sub prime stated income loans, and unfettered greed from the lowest realtor, to the poorest buyer to the richest wall st. rook.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext