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(Fortune Magazine) -- Everyone is running around arguing about whom to blame for the Fannie Mae-Freddie Mac disaster. But there's one simple truth that doesn't seem to be part of the national conversation: that the Fannie-Freddie fiasco is due at least in part to the Federal Reserve Board's cutting short-term rates to ridiculously low levels over the years.

Consider it yet another example of the law of unintended consequences - dealing with one problem, such as troubled financial markets, can give rise to others you didn't anticipate, such as borrowers bingeing on cheap money.

Это тоже конечно далеко не вся правда...

Но учитывая заявления кандидатов у нас не кандидаты в президенты, а какие то уроды...

Часть любителей быстрой наживы уже расплатилась, остальных решило спасти правительство, глупо говорить о жадности тех кто за свою жадность расплатился бы по полной если бы не правительство.

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