It was not the Bush tax cuts that caused the mortgage meltdown or the credit markets to freeze. It was the dems in congress who prevented republicans from putting tougher regulations on Fannie and Freddie that caused this financial meltdown.
This is your hypothesis. Now back it up with quantitative evidence from a credible scholarly or studious source.
Your appeal to your own authority, and, to various incidental assertions, chronologies, propaganda (Glenn Beck!!!) has not moved you an inch toward backing up your assertion.
On my end I understand that the various instrumentalities of our financial system present to the observer a complicated system of dependencies. So, for example, I understand that Fannie/Freddie's role and their portfolios do have a substantial position in this system. However, viewed as a factor that causes effects within said system, I would expect any argument about the ramifications of the effects to sort out the magnitude of the dynamics of those effects. You've gone much further than this in implying that the cause of the financial mess is singular and found at the doorstep of Fannie/Freddie.
You haven't begun to take even a freshman's social scientific step toward presenting a SINGLE piece of material evidence in support of your hypothesis.
I doubt you will ever do so; I doubt you possess the education, experience, or chops to do so; I fully expect you to react with lots of irrelevant clicky and fallacious appeals and illogic and reams more polemics and jejune propaganda. Well, this is your standard operating procedure here on the deck, right?
In other words, it would appear you know close to nothing about macroeconomics and mortgage finance.
Prove me wrong, Stephen. Bring here something smart and cogent and rational.
Gracias.
