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By Jimmy Dearmore MAY GOD BLESS AND GUIDE AMERICA! |
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"I believe it is very clear that the absence of regulation of sub prime mortgages, and their securitization and consequent transmission through very sophisticated financial devices, are the key factors that lie at the root of our current problems." -- Barney Frank, 2009The Guilty dog barks the loudest! This is from the Godfather of the Sub Prime Mortgage Debacle. Our current economic crisis can All be laid at Barney's feet.Jimmy Dearmore 7/09 |