Private Wall Street Companies Caused The Financial Crisis — Not Fannie Mae, Freddie Mac Or The Community Reinvestment Act

[John_James]

@danbeaulieu

would it be accurate to say that the housing collapse and the current financial crisis are, in a way, two seperate things?

Yeah, in a way. But they’re certainly related in more ways than one.

One birthed from the improper treatment of the other?

Not exactly. I’m not sure I would put it that way.

If so, doesn’t the title of the article prove its own lack of authority?

I don’t know about proving a lack of authority, but it certainly shows a lack of understanding, not only of economics, but of the basic facts of the circumstances.

@danbeaulieu

Thanks John,

you guys are my beacon of wisdom when I have trouble piecing things together.

(reading your links now)

That’s what this forum is all about

BTW, I am currently reading Murray Rothbards - What has the Government Done to Our Money. I can see where a lot of Ron Paul’s philosphy came from.

Good stuff. (and don’t forget about these )

If you’d like to hear it from the horse’s mouth, you might check out this essay. And this video is pretty darn good as well…

Where do Ron Paul's ideas come from?