I've seen that legislation, as well as who pushed it and who funded their election campaigns. I've also seen that lending went far beyond what the legislation called for. The purpose of the legislation you speak of was to raise the status of the underpriveliged to land owners, but the result was that underseving people got dozens of loans without credit to rent property out to the underpriveleged... not to mention financing the sales of extemely expensive property to people who could afford fair property and wanted more. The market was unregulated because the people who wanted to keep it growing at ridiculous rates wanted it to be so. They created the extraordinary (note the "a") circumstances because they stood to gain from them.
Again, to ignore the people who stood to make money off of this "business" is to ignore the business itself. You can't blame a piece of bubble gum for popping without looking at who chewed it.
There is absolutely no honest way to seperate Wall Street from the bust. I'm not saying they are fully responsible, but they can't be fully exhonerated either. Saying they weren't a part of the mess is a straight up lie. Even if they somehow didn't know what would happen, despite the billions they pay to follow such trends, it couldn't have happened without them. Simple as that.
You do not have the right to never be offended.
