Perry has a point. If you want to dance, you have to pay the band. Blaming Greenspan now is nothing but plain old finger pointing. They should have said something 2 or 3 years ago, after we had weathered the dot com but and 9/11, and none of this would have happened. Instead, they let him and the FED over-prime the pump until it was too late. I also don’t think you can blame all the sub-prime lenders and brokers. They weren’t the ones who lied or overstated their income. That’s not to say that there weren’t some unethical lenders and brokers out there, however.
