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Subprime mortgages aren't the only problem.

Publication: New Hampshire Business Review
Publication Date: 07-NOV-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Subprime mortgages aren't the only problem.(Improving Performance)(americans buy homes, instituting regulations )

Article Excerpt
We never seem to learn. The S&I debacle isn't that distant a memory, and we're repeating it on an even grander scale. In fact, this time we'll be lucky if our entire financial infrastructure doesn't crumble.

In 1977, President Carter signed the Community Reinvestment Act to help poorer Americans buy homes, instituting regulations that effectively forced financial institutions to give mortgages to people who really couldn't afford them. In 1995, President Clinton put that act on steroids. Although both presidents may have been welt intended, is giving mortgages to people who can't afford them a good idea?

But there's plenty of blame/credit to go around. While...

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