Archive for February, 2009
Posted in Business on Feb 17th, 2009 2 Comments »
Everyone wants to opine on, or simply discover who’s to blame for our current financial crisis. But how about looking at this from the point of view of what really changed here.
Haven’t people always been ignorant or greedy, for example willing to sign for a loan they had no way of ever repaying? Not much change [...]
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Posted in Business on Feb 16th, 2009 1 Comment »
NBC’s business channel CNBC is running a program called, “House of Cards” that explains in better detail than I’ve seen anywhere else what events led to the creation of the housing bubble. It’s easy for conservatives to blame liberals like Barney Frank who pushed for a lessening of mortgage standards (with the well-intentioned but misguided [...]
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