IF the banks had been constrained by the
LAW as they once were, to only lend 3.5 times your proven actual salary for a mortgage then there would be no credit crisis and no sub-prime.
The lawyers who live in the politicians pockets allowed the bankers to do this.
It suited each party.
Google MONEY AS DEBT and click on the first return - its a uTube clip and it might just show you how the world is really run. Its here:
Money As Debt
Just stick the first 3 mins and it gets really informative - its the red pill.
WWW