tag:blogger.com,1999:blog-12897315.post4193987671696840413..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: The Housing Crash: One LessonDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12897315.post-87504275576547876572008-12-22T12:24:00.000-06:002008-12-22T12:24:00.000-06:00The planet on which "Other Side" lives must be a t...The planet on which "Other Side" lives must be a terrifying place.<BR/><BR/>The article completely missed the policies and "bribes" by Bawny Fwank and Chris Dodd. Not to mention the management at Fannie and Freddie.<BR/><BR/>And "The Times" wonders why their debt has junk status.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-32793048354587738102008-12-22T07:44:00.000-06:002008-12-22T07:44:00.000-06:00Social goals are generally impossible to implement...Social goals are generally impossible to implement. 50 years of failed social policy seems to confirm that. <BR/><BR/>There are about 300 million people in this country responsible for the current economic mess. In housing, we had people who bought without doing their homework, sellers who wanted a fast buck, realotors who said, "buy as much home as you can afford", not "buy as much home as you need" and mortgage banks more than happy to sell mortgages to anyone, anytime, anywhere....after all, the government would take care of it in the end.<BR/><BR/>I haven't read the entire article yet, but what I've seen and heard indicates, yeah...it's a hatchet job by a total hack.Beer, Bicycles and the VRWChttps://www.blogger.com/profile/08976779901265528597noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-63669950223046616492008-12-21T19:51:00.000-06:002008-12-21T19:51:00.000-06:00Nope.The Times also whitewashed Congress in its ar...Nope.<BR/><BR/>The Times also whitewashed Congress in its article.<BR/><BR/>The Administration pushed for more oversight of Fan/Fred, but the frauds who ran those organizations were able to purchase Barney Fffffffrank and Chris Dodd.<BR/><BR/>Sorry, the Times' article sucked. Little knowledge displayed; the inverse of its political content.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-81227776848284159702008-12-21T10:26:00.000-06:002008-12-21T10:26:00.000-06:00I thought the article was a very fair look at the ...I thought the article was a very fair look at the errors made by the White House, and the others culpable too, like Congress.<BR/><BR/>I don't know about the future Congress, but I'll bet the new President will "get it" a lot better than the soon to be former.Other Sidehttps://www.blogger.com/profile/06475658453374184885noreply@blogger.com