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.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (41629)12/11/2012 6:08:03 PM
From: Venditâ„¢1 Recommendation  Read Replies (1) | Respond to of 222366
 
Congressmen Dodd and fruit cake Barney Frank are directly to blame for the housing bubble and the economic downturn. They passed their bill (rule) that "required" all banks to lend money to unqualified borrowers to purchase homes that they could not afford.

Prior to passage Frank was called by a group congressmen so they could voice their concerns of the negative impact the bill would have on the housing market and banks. His defense was that congress would just pass a banking rescue bill to fix it, thus the stimulus package resulting in the additional share float that you just described.