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A taxpayer-funded government bailout related to mortgages during the S&L crisis may have created a moral hazard and acted as encouragement to lenders to make similar higher-risk loans during the 2007 subprime mortgage financial crisis. 
The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990-1991 economic recession. Between 1986 and 1991, the number of new homes constructed dropped from 1.8 million to 1 million, the lowest rate since World War II. 
Originally posted by marg6043
reply to post by Rockpuck
I love your post and remember I am just been sarcastic. What else is there to be but no only been close to predictions but also see that is nothing been actually done to fix anything.
FIX ECONOMY WITH MANUFACTURING JOBS
Have you hear anything from our corporate rule government about doing some fixing? bringing the wealth builders back?
No in a thousand years.
It made me wonder if the powers that be in the Euro market were privy to confirmation of a FED cut prior to the announcement before the US markets opened.
Originally posted by cpdaman
The Federal Gov't needs to step in and Bailout or takeover and cover the policy's written by the mortgage insurance company's MBIA and AMBAC . This will provide some certainty to the investors that they will be reimburesed somewhat for losses.
No longer "citizens", we could be pacified as "consumers" with "bread and circuses".