Housing crisis, the spark that begat the flame.

[BlueStreak]

Barney Frank is to blame for the housing debacle that triggered this rec(depr)ession?

http://www.youtube.com/watch?v=QYvtv...layer_embedded

http://www.youtube.com/watch?v=GkAtU...eature=related

I think not. At least that's not how I remember it. See, the "Ownership Society" was the brainchild of one George W. Bush. Hmmmmm---2002, "flipping", buying a house for a song and selling it for a princes ransom----I did a little of that myself. Now the damn things are too expensive----no one can afford them. Wow! Who'd a thunk that holding down wages whilst jacking up housing prices could lead to disaster?

Aaahhhhh, how the pieces of this puzzle come together. I'm not a religious man, but it would seem to me a sandal wearing hippie from the way back tried to warn us of the evils of unbridled greed.....It aint no good. He said.

Maybe we should've listened?

Dave