Post by hurnik on Feb 11, 2009 16:01:19 GMT -5
I like this:
"What Congress did in trying to make it easier for people has done the opposite," said WRGB's Lass. "It's ironic."
IMO, it's not ironic it's what always happens. Look at the housing mess. Congress mandated that banks lower their credit standards and increase their portfolios of sub-prime mortgages because they wanted more people to have houses. And look at the consequences.
"What Congress did in trying to make it easier for people has done the opposite," said WRGB's Lass. "It's ironic."
IMO, it's not ironic it's what always happens. Look at the housing mess. Congress mandated that banks lower their credit standards and increase their portfolios of sub-prime mortgages because they wanted more people to have houses. And look at the consequences.
