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There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them. ↗
I think it's unfortunate that there exists only one path in America to complete social legitimacy, and that is marriage. I think, for instance, that it would be far easier for Americans to elect a black president or a female president than an unmarried president. ↗
