@Billare @toad_spotted @ad_captandum I've heard many community bank CEO's express this belief - bitterly
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bc of spillovers frm foreclosures,crisis screwed over small banks who were more responsible
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Many small banks, credit unions were NOT responsiblehttps://www.amazon.com/Behind-Housing-Crash-Confessions-Insider/dp/1439204063 …
End of conversation
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Why can't both be right?
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Exactly. If the govt wanted them to lend to the worst credit risks, why not to everyone in between too?
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You should have written a book on the mortgage crisis. Explaining the crisis was/is a popular subject. Would've sold well IMO.
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@Billare@toad_spotted@ad_captandum misdirected by Keynesians who knew FHA/gov intervention=strong market & populist supportThanks. Twitter will use this to make your timeline better. UndoUndo
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