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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (274807)9/10/2010 3:08:25 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"FOX news tells me Barney Frank and Chris Dodd caused the entire housing/credit armageddon...now it is confirmed as they must have really taken over in 2003 just as the economy was really getting juiced with toxic no qualify 1% option ARM's to support the unbelievable 20-30% annual appreciation we suddenly were experiencing soon after 9/11"

If you stop watching FOX news you'll be out of one liners. Doesn't matter anyway.

PS..Frank and Dodd were big players. Not the only players of course. With Frank it might have been more political. With DOOd it was PAC money and his banking buddies.