Since 2008, the American people have been told that the private financial sector was responsible for the financial crisis. We hear this every day from the media and the Obama administration. But the fact is, as Peter Wallison shows in his book — 'Hidden In Plain Sight: What Caused The World’s Worst Financial Crisis And Why It Could Happen Again' — the financial crisis was caused by government housing policies, implemented through Fannie Mae and Freddie Mac.
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