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  1. #1
    Senior Member AirborneSapper7's Avatar
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    The Fed Did Indeed Cause the Housing Bubble

    «Geopolitical - Week of 3.15.09
    Money & Markets - Week of 3.15.09 »

    The Fed Did Indeed Cause the Housing Bubble

    Catherine, Daily Musings, Financial Permaculture and News & Commentary,March 15, 2009 at 10:03 am
    To: The Wall Street Journal

    Re: “The Fed Didn’t Cause the Housing Bubbleâ€
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    Senior Member WorriedAmerican's Avatar
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    Re: The Fed Did Indeed Cause the Housing Bubble

    I think it was ACORN> Feds>
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    Senior Member crazybird's Avatar
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    Yes, they did.....I saw it happen. Ignore it or diminish it and you ignore the truth.
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    AE
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    This was intentionally done to do what to the poorer communities? Those communities have little to lose, so what was the fed trying to do to them in this, I guess I am not seeing it clearly as written by this author.
    “In the beginning of a change, the Patriot is a scarce man, Brave, Hated, and Scorned. When his cause succeeds however,the timid join him, For then it costs nothing to be a Patriot.â€

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    Fannie Mae Eases Credit To Aid Mortgage Lending
    September 30, 1999

    http://query.nytimes.com/gst/fullpage.h ... gewanted=1

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    Senior Member AirborneSapper7's Avatar
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