I've been trying to uncover various perspectives on the root cause of the housing bubble/financial meltdown from the "BLUE" perspective, in the interest of distilling something resembling the "truth" in this complex mess...
So here's an interesting backdrop (from August 5th), and hardly from what ANYONE would call a "Red Kool Aid" source (Village Voice!). They're about as BLUE as it gets...
http://www.villagevoice.com/content/printVersion/541234?ref=patrick.net
Pretty much agrees with some other research that I had also done from the RED side of things...
Namely, the government, with the knowledge and participation of both parties, intentionally created this as a cynical way of buying votes and simultaneously generating immense riches for all those involved. Fannie Mae and Freddie Mac are at the root of this entire evil, and all those that enabled them, took money from them, and/or ignored the calls that they were the problem, must, MUST be taken out of government this November.
Its not too late, folks... but after this election it will be. Washington is DEEPLY corrupt. The boil must be lanced.
So here's an interesting backdrop (from August 5th), and hardly from what ANYONE would call a "Red Kool Aid" source (Village Voice!). They're about as BLUE as it gets...
http://www.villagevoice.com/content/printVersion/541234?ref=patrick.net
Pretty much agrees with some other research that I had also done from the RED side of things...
Namely, the government, with the knowledge and participation of both parties, intentionally created this as a cynical way of buying votes and simultaneously generating immense riches for all those involved. Fannie Mae and Freddie Mac are at the root of this entire evil, and all those that enabled them, took money from them, and/or ignored the calls that they were the problem, must, MUST be taken out of government this November.
Its not too late, folks... but after this election it will be. Washington is DEEPLY corrupt. The boil must be lanced.
