re: Revisiting the 2008 housing crash

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Even if that’s the argument you want to go with, there is clearly another party that is hugely to blame here. You even said it yourself... quote: If you can’t afford to buy a house People who know they could not and would not repay their loans were taking out the loans all the same. That is fundamentally amoral behavior. So people are also to blame. Individuals. And you can’t let the amoral behavior of individuals off the hook under the guise of government being the root of all evil. Government screws up more than their fair share of the things they touch, and they certainly screwed the pooch here. But they weren’t the only ones. Don’t let the myriad of other failures off the hook.

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It's true that a lot of people took home loans that were of the fog a mirror nature but the lending institutions encouraged this BS by giving LTV of over 110% . After all that shite got going then in comes the big daddy financial institutions doing their CDO, CDS, and other MBS crapola .......well all hell broke loose as a result of pure fricking greed, we all know the rest of the story....err Fed sham/bailouts.