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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (424027)10/9/2008 12:34:21 AM
From: Tenchusatsu  Respond to of 1574767
 
Z, > Because of the fact that it didn't help to exacerbate the mortgage mess.

You would be naive to believe that.

It's one of many things that led to this mess, but an important one to point out. A "win-win" situation for everyone involved (brokers, lenders, borrowers, politicians, and even existing homeowners) until the speculative housing market collapsed.

You can tell who the blind partisans are by how quickly they'll defend their own ideology over admitting the truth, that this was a real bipartisan mess.

Tenchusatsu