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


To: Road Walker who wrote (429969)10/24/2008 4:52:33 PM
From: i-node  Read Replies (1) | Respond to of 1585051
 
subprime mortgage originations (undeniably the original source of the crisis)

How, exactly, is that different from what I've been telling you?

The problem was, clearly, that people who weren't qualified to have mortgages were getting them. Lenders were making bad lending decisions because they were motivated to do so by incompetent Democrats doing the regulating.