Happy Thanksgiving
Published on: November 23, 2011
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  • Michael

    Just for the record: No, Fannie and Freddie did not cause the housing crisis.

    A while back Paul Krugman put up four charts that, together, decimate the claim that the housing crisis was the product of government policy meant to extend home loans to low-income borrowers.

    http://krugman.blogs.nytimes.com/2010/06/03/things-everyone-in-chicago-knows/

    It’s a good post to bookmark for thanksgiving and forward when friends, family and certain others claim otherwise.

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