“So, the secular institutional world may soon find itself forced onto the same learning curve that has impacted and the Catholic Church over the past few years; that world too may find itself finally forced to confront the filth that too often stays hidden. The confrontation -painful as it may be- will ultimately be for the good.”
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.