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Politics : Mainstream Politics and Economics
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To: Broken_Clock who wrote (37477)1/10/2013 8:17:29 AM
From: Little Joe3 Recommendations  Read Replies (1) of 85487
 
You left out the most important problem. The government was, not just encouraging, but literally forcing banks to engage in bad lending practices. What is often overloooked (without excusing the banks) is that the banks were following government policy.

lj
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