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<blockquote data-quote="av8torntn" data-source="post: 895728" data-attributes="member: 8259"><p>The governments position currently is that there was about 200 billion dollars worth of fraud in the mortgage securities trade from private companies. The government is responsible for trillions of dollars worth of fraud in mortgage securities just by keeping interest rates artificially low to signal investment. Add to that the thousands of regulations governments have imposed on lenders to force loans and it's not even possible to make an hones case that some private individuals caused the mortgage problem. The entire thing comes down on the back of the government that so many sheeple are claiming should now fix things.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 895728, member: 8259"] The governments position currently is that there was about 200 billion dollars worth of fraud in the mortgage securities trade from private companies. The government is responsible for trillions of dollars worth of fraud in mortgage securities just by keeping interest rates artificially low to signal investment. Add to that the thousands of regulations governments have imposed on lenders to force loans and it's not even possible to make an hones case that some private individuals caused the mortgage problem. The entire thing comes down on the back of the government that so many sheeple are claiming should now fix things. [/QUOTE]
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