Friday, October 16, 2009
This is just a quick link to follow -- an "aside." These are links to interesting things that, for one reason or another, I didn't place into a full posting. Click the link to visit the full article. Go to the blog index for a regular listing of posts.
Peter J. Wallison: Barney Frank, Predatory Lender, Almost two-thirds of all bad mortgages in our financial system were bought by government agencies or required by government regulations - 'Recent reports that the Federal Housing Administration (FHA) will suffer default rates of more than 20% on the 2007 and 2008 loans it guaranteed has raised questions once again about the government's role in the financial crisis and its efforts to achieve social purposes by distorting the financial system...'
