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Dave Parsons

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"Anyone that thinks its the greedy home buyer that created this housing fiasco is very naive. The goverment spawned this bubble in 1977 with the community reinvestment act. The Clinton admin.,Janet reno threatened banks to make loans or else. This is all documented and then the banks cut loose feeling they were invincible since they were backed by fannie mae. We were all dupped thinking this was an honest housing market. The housing demand was fictiously created by the government policies and the..."    View Comment
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