Tuesday, October 14, 2008

How HUD caused the market crash

How the department of Housing and Urban Development caused the credit crisis and the market crash.

http://tinyurl.com/3l4enj


It wasn't the "unregulated" free market, it was HUD, a government controlled entity running rampant without any oversight...yet again.


This is what happens when free markets aren't allowed to operate as free markets, yet is blamed for the failures of a market when the "fix is in", when socialists try to support a "mixed economy".

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