Thanx for sharing this.
While fear is a very powerful tool for the drive-by media, "subprime crisis" is pure smoke and mirrors as the maximum subprime foreclosures would be 1/2 of 1% of all mortgages cooked up in the last several years.
Those "subprime" loans were secured with property.
“While fear is a very powerful tool for the drive-by media, “subprime crisis” is pure smoke and mirrors”
Much of this has been nothing more than a media event. Possibly related to the upcoming Presidential and Congressional elections. And yes, the press is that irresponsible.