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Perspective on economy
Some perspective on the current financial environment:
Could it be that this most recent financial “crisis” could be just another challenge brought about by fear and greed? Surely this cannot be. Surely this is an apocalyptic financial crisis the likes of which we have never seen before. Consider the timeline and the events and make up your own mind. In the late seventies, well intentioned legislation known as the “Community Reinvestment Act” was passed in order to provide “affordable housing” for low income communities. In the late nineties, “affordable housing” became a huge poli...
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