Financial Crisis

I think this is pretty accurate but am convinced that this started years ago and would take more than this timeline to get down to where it starts. I have gone back as far as the 70s but it could really go back to when Fannie Mae was started in 1938. It is a complicated system that involves about dozens of people and everyone from politicians and bankers, which provide the market, to the realtors and brokers, to the consumers buying the homes. Lee County has been hit harder than most in this crisis and it is wise that we learn from these mistakes and take responsibility for what has happened by acting responsibly. It is sad that the people hurt by this were the very ones buying the homes and not being able to hold on to them. The banks and the politicians will be fine. I would like to see them accept some of the responsibility.

Terry Manos