I always thought it was caused by government interference in the marketplace that helped grow a huge housing bubble and subsequent collapse.
You remember, or at least you should, Democrat Senator Barney Frank in 2003 saying "I want to roll the dice a little bit more in this situation toward subsidized housing."
Would we have needed to bail out the banks without the bubble collapse?
You remember, or at least you should, Democrat Senator Barney Frank in 2003 saying "I want to roll the dice a little bit more in this situation toward subsidized housing."
Would we have needed to bail out the banks without the bubble collapse?
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