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The Subprime Mortgage Mess – Who's Really at Fault?

December 9, 2007 By

There are two facts about the subprime mess that everyone seems to ignore: 1. The Bush Administration, through the Republican Governors of the Federal Reserve, created the mess when the Fed raised the bank rate/prime rates so high so fast; and, 2. The Bush Administration, although slow to react by lowering rates, has now put [...]

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