Jacksonville Jaguars Fan Forums

Quote:This idea is so fundamentally stupid... so naturally conservatives will love it.  

Since you are popping in to throw your IQ around, enlighten. 

Quote:So... deregulation wasn't the primary contributor to the housing crisis? No oversight into the lending process whatsoever was good for America?


All I'm asking for is a simple response and I get deflection.

 

No it wasn't.  There are a number of factors that lead up to the housing prices including regulation/deregulation, but that wasn't really the primary cause.

 

Here is an article from the New York Times that describes Fannie Mae's involvement.

 

Here is a report from the FCIC regarding what the actual cause was.

 

Here is a Wikipedia article that deals with just government policies having to do with the housing crisis. (More specifically the sub-prime mortgage crisis).