Capitalism UNCHECKED was responsible for the mortgage crisis.<quoted text>Because capitalism created the mortgage debacle son.
I'm still waiting for you to show me where CRA was removed and banks are not longer 'required' to make your so called bad loans.
For some reason, you can't answer when this happened
I wonder why?
Congress was responsible for overseeing Fannie and Freddie once the bad mortgage loans became a grave concern as far back as 2004 when a Republican Congressional hearing tried to rein it in.
But far too many Democrats were on their payroll to want to change anything.
Republicans can take some of the blame for loosening government oversight and regulations but Democrats take the prize.
And that's just the facts...son.