This fact undermines the thesis that it was something about U.S. capital markets or the U.S. housing market in particular that was the primary cause of the bubble. It undermines that thesis.
Editor's note · Context
Capuano discusses the causes of the financial bubble, challenging common assumptions.
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You have enough staffing, you have enough funding, you get along with OMB. Well, and again, I don't--I am not even sure I can ask you this question, because you haven't been there long enough.
Do you believe that homeownership is probably the most firm and sound and most used way for relatively poor or moderately poor working class people to move into the middle class?
Unfortunately, H.R. 5037, seems to be aimed directly at the Martin Act, and by preempting these State laws, the bill would allow small-time fraud to run rampant.
What is difficult for me to understand is the obsession on just one border, and the obsession on only one fix to the issue there.





