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To: dirtboy
If you read the actual article, it says, "The report does knock down — at least partly — several early theories for the financial crisis. It says the low interest rates brought about by the Fed after the 2001 recession; Fannie Mae and Freddie Mac, the mortgage finance giants; and the “aggressive homeownership goals” set by the government as part of a “philosophy of opportunity” were not major culprits."

What a load of crap. Covering Barney Frank's behind. And hence the disagreements and dissenting opinions. Also, guess who was the commission chairman? "The report, which was heavily shaped by the commission’s chairman, Phil Angelides..." Very Left wing and very crooked...of course the perfect nominee for this job.

9 posted on 01/26/2011 5:54:09 AM PST by La Lydia
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To: La Lydia

If you read the actual article, it says, “The report does knock down — at least partly — several early theories for the financial crisis. It says the low interest rates brought about by the Fed after the 2001 recession; Fannie Mae and Freddie Mac, the mortgage finance giants; and the “aggressive homeownership goals” set by the government as part of a “philosophy of opportunity” were not major culprits.”


No one tells the truth in government anymore. It is all lies and spin in the name of “experts”. This reminds me of the 911 Commission report where NO ONE demanded to make public what was in Sandy Berger’s pants.

We still don’t know who was involved in the electronic financial attack that swung the election to Obama... That was a coordinated attack on our economy.


19 posted on 01/26/2011 7:53:16 AM PST by SaraJohnson
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