[kaehurowing]

Bloomberg is exactly right. The 2008 collapse was entirely government-created.

[grey_whiskers]

It wasn't just the end of redlining.

It was the Hah-vahd MBAs who responded by securitizing the loans, removing the risk from the banks, and hence any market feedback.

I remember reading of a New Mexico or Arizona or something dishwasher at a diner, who made $14k / yr, being approved for a $420,000 mortgage.

[Socon-Econ]

Bloomberg is exactly right. The 2008 collapse was entirely government-created.
*************
So why are there foolish conservatives out there calling him a racist for telling the truth? When conservatives try to win elections this way, they’re going to lose because they are competing with the professionals.