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2008-10-13 — blogspot.com
Ron Paul - Republican Congressman
Back in September 2003, Mr Paul told a House Financial Services Committee that: “Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market."
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Comments:
Robroy at 00:00 2008-10-14 said:
ADD PETER SCHIFF TO THAT LIST! He saw this coming and was scoffed at by many people riding the real estate boom. Click here to watch him make his case on Dec. 31, 2006 on Fox Bulls and Bears: http://www.youtube.com/watch?v=60CLQse27p8 He was sneered at and laughed at by some in the group. I bet they aren't laughing now. Permalinkadd a comment | go to forum thread
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