Ernie S.
Diamond Member
What a pack of lies.
Only an idiot would belive that this was caused by what you claim.
Ask an unbiased economics proff and you have your answer.
The sub primes that were written had very little to do with the amount the gov required to be handed out.
Why would they write so many more than the gov required?
Becuase they repackaged them off and sold them as triple A investiments and made a shit load of money.
Maybe you should read Thomas Sowell and Walter Williams, 2 very notable and respected economics Professors.
Hint: You'll have to look somewhere other than HuffPo for their essays, but if truth does matter to you, I'm sure you can find their writings on the subject.