It would really, really, really be a relief if the Right-O-Blabbers would look closely at that chart.HT: Ritholtz
Wisconsin native, conservative critic of everything. "Once abolish the God, and the government becomes the God." ---G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton
2 comments:
That chart says it all.
This is exactly what Fannie/Freddie officials were trying to convey during and after the boom. They were losing marketshare to private issuers leading up to the crisis.
Stop trying to confuse people with the facts!
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