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To: supercat
there would have been no driving motivation to open the floodgates to the upcoming major crash.

Just post I don't know c+++ about supply and demand and you would be better off. Greed has aways been the driving force.

24 posted on 10/04/2008 2:43:40 PM PDT by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: org.whodat
Just post I don't know c+++ about supply and demand and you would be better off. Greed has aways been the driving force.

Were Freddie/Fannie not in danger of crashing in 2005, what excuse would Congress have had to open the floodgates to the truly fraudulent lending that's appeared since then? While I won't say greed is never a driving force for Congressional actions, I would consider it a far weaker motivation than CYA.

37 posted on 10/05/2008 4:05:34 PM PDT by supercat
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