From this link, this comment...
Congress opened their windows and threw out 50 tons of bread crumbs, encouraging (in every way they could) people who couldn’t afford real estate to to buy real estate. They succeeded in attracting lots and lots of pigeons, but when you artificially attract pigeons, you artificially attract the hawks that eat the pigeons too. I don’t really blame the pigeons, or the hawks. I blame the morons in Congress who fiddled with the mortgage market in the first place, and did it for purely political reasons.
RBMN on March 4, 2010 at 9:48 PM
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