>>1
Y!
A trillion dollars of home loans to penniless crackhead niggers is what brought this mess about in the first place.
Freddie Mac and Fannie May created this bubble and made it worse by pumping taxpayer money into the market and pushing up the demand for real estate while doing absolutely nothing to increase the supply. PROTIP: the supply of land is limited and they don't make it any more.
Freddie Mac, Fannie Mae, and the CRA are all abominations that would never have existed at all in a true free market system. The government interfered in the marketplace. The government created this crash.