Quote:Ignoring the fact that they did more than just issue loans but what they did with them afterwards as being just as bad, if not worse than the initial lending of the loans, you don't think the banks themselves had a hand in pushing for these regulations to their bought and paid for politicians? This is what money does when unlimited bribes can be legally injected into the system. Mammoth ROI on contributions by those with massive sums of wealth. 

 

I'm not ignoring it, I fully admit and blame the banking cartels for what happened in 2008 with the housing market. I'm simply pointing out that market would not exist if not for government creating the market. Prior to legislation no one was seeking to lend money to low income individual who had a high risk of default to purchase a house, why because it was a bad investment. Of course once the government created a risk free investment in bad loans the banking cartel ran wild, they knew it was a balloon and they padded their wallets as deep as they could, was it wrong HELL yes, should they be arrested absolutely.

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