Brian1
Your ability to obfuscate is quite admirable. However, I detest that you will not concede in the face of the facts:

Your point was that the GSE’s did not cause the Housing Bust as predicted by RP.

From the transcript: BACKGROUND HOW WE GOT HERE!!!! (to your point)

pg1 paragragh 6

Seeing their market share decline as a result fo this change of demand, the GSEs made the decision to widen their focus from the safter prime loans and begin chasing the non-prime market, loosening long-standing underwiriting and risk managment standards along the way. This would be a fateful decision that not only proved disastrous for the companies themselves – but ultimately also for the American Taxpayer.

Once again….RP was right in what happened and you are trying some rhetorical tool to make your arguement.He never stated that the GSE’s caused the problem but that the passgae of the bill would add fuel to the fire of a false housing boom. Which is exactly what happened.