The housing bubble in four chapters

[ire]

We all talk a lot about the mortgage mess and the economy, here is a good article that explains the origins of subprime lending and mortgage backed securities. I didn't realize that all of this started back in the '70s, but didn't really gain steam until after the tech bubble popped.

http://www.msnbc.msn.com/id/25169510/

[stevew]

Everything is GWB fault.

What is wrong with you?

[ire]

Everything is GWB fault.

What is wrong with you?

I fail :disgust1:

[splat]

Everything is GWB fault.

What is wrong with you?

actually this one you can Pin on hte next most useless President, Jimmy Carter!

and a Prime interest rate of 19% !!!

[ire]

fitting that obama is running as Jimmy Carter's Second Term...

:rolleyes:

:rofl:

The majority of young people won't even get that reference.....soon McCain will start referencing his younger years, before there was electricity :biggrin:

[dante]

:rofl:

The majority of young people won't even get that reference.....soon McCain will start referencing his younger years, before there was electricity :biggrin:

new McCain slogan touting his experience:

"John McCain, older than FM radio..." :biggrin:

[manimal]

new McCain slogan touting his experience:

"John McCain, older than FM radio..." :biggrin:

"i came into this world in a depression and i'll go out in one as well!"