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I think he's got a lot of credibility on the issue, but seems to ignore the market forces that certainly exploited the room to move. There are root causes and symptoms, but symptoms can often be managed through regulation. Not always the right thing, but perhaps a part of the solution.
Additionally, people should look at this as a non-partisan problem. Some love to pounce on Barney as the birther of the issue, but everybody in politics has pushed for home ownership as it's a great election issue...even Bush.
-spence
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