Securities based on risky mortgages are what toppled...

Securities based on risky mortgages are what toppled financial institutions but it was the government that made the mortgages risky in the first place, by making home-ownership statistics the holy grail, for which everything else was to be sacrificed, including commonsense standards for making home loans.

Thomas Sowell Quote About Home, Government, Holy Grail: Securities Based On Risky Mortgages...

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