Political Melodrama – A Greek Tragedy American-style

Thomas Sowell fed up with theatrics:

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to meet government-set goals for more home ownership. Those lower mortgage lending standards are at the heart of the increased riskiness of the mortgage market and of the collapse of Wall Street securities based on those risky mortgages.

Learning From Our Mistakes? In Your Dreams / Nightmares

Why do I doubt this administration, the numbers and their hype?  The Anchoress passes this on for  clarity :

Ace of Spades HQ turns on the light with thanks to Jack Shaw:

Hot Air adds this read.