This is the "Super Barny" theory. Where a fat gay man destroyed the county from a minority position in the House.<quoted text>
You obviously don't know anything about economics. The CRA created a false market where there wasn't any income to support it. Because, as Barney Frank used the term, "subsidized housing" purchases created this false market, the businesses in the industry responded by manufacturing to meet the false demand that had no income to support its consumption.
An idiot can predict a collapse.
By the way, the collapse was predicted in a 1999 article in the New York Times, and by the Director of OFHEO in a Congressional hearing in 2003 when the Democrats were negotiating with Republicans to get no oversight of their Marxist CRA program in exchange for the Democrats supporting the war in Iraq.
You are a liar. in 2003, the Democrats did not want an increase in oversight. Not no oversight.
Why do I need to subsidize your salary?