It would really, really, really be a relief if the Right-O-Blabbers would look closely at that chart.HT: Ritholtz
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Wisconsin native. "The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC "Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
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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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