Quote Originally Posted by DuncanONeil View Post
You absolutely refuse to consider the fact that Congressional action REQUIRING banks to lend in areas where the residents could not meet the standard of being an acceptable risk.
This categorical refusal to consider a proximate cause and only deal with the after effects is disingenuous at best.
This statement is outright false. I have addressed why those legislations are not the problem. Your attempt to blame select legislation on flimsy and inaccurate evidence so that you can avoid the actual source of blame is disingenuous at best. The fact is deregulation caused these problems, not specific regulations you point to, which don't even apply to INVESTMENT BANKS, the actual organizations pushing subprime mortgages.

You refuse to even address any of the issues I raised as relevant to the cause. I'd suggest taking a long hard look at the quality of your sources.

Relying on information presented by the only "NEWS" organization to win a Whistleblower case (on appeal) on the basis of "falsifying the news is not a crime" is problematic at best.