You obviously haven't been keeping up with current events. It was Fannie and Freddie writing loans to people who had ZERO chance of paying them back that cause the crisis. They did this at the behest of the likes of Barney Frank.
If you aren't honest enough to even admit that FACT, then you have no business expounding on this topic at all.
How much are all the Fannie and Freddie loans-total amount? It’s not 1/10 of Tarp and fed bailout money...do you think AIG which got more than 100 billion dollars is involved with Fannie and Freddie? Think about it...this is a much larger problem and it has little to do with sub-prime. If you truly want to see a different picture (true in my opinion) then read the articles-if not then fine-believe as you choose. It’s a free country.