For those who have read my page of links to articles on the Subprime Meltdown, I’ve added one more – “The Government-Created Subprime Mortgage Meltdown” by Thomas J. DiLorenzo.

As the title implies, he holds the Government (not the treasury, nor the federal reserve, but the government itself) responsible and he cites the 1977 Community Reinvestment Act (CRA) as the genesis of our current mess. As always, any other suggestion, please add a comment.

Joe

• Mortgage 101
• The 700 Billion Dollar Bailout
• Money Merge Account Analysis Pt 1
• Bad Paper, and Lots of it
• Mortgage Rates Bottoming?

• Introduction to Mortgages pt 4 of 5
• Reverse Mortgages: Destined to be the Next Subprime Meltdown?
• I'm mad as hell
• What caused this current global credit crunch?
• Text of President Obama's State of the Union Address

written by JOE \\ tags: federal reserve, Finance, investment, Mortgage, Subprime, subprime meltdown