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The seeds of another collapse are being sewn even as you read this

This is a story Ed Morrissey caught at Hot Air and he is right, ABC News buried the lead but then again, that does not surprise me. The story concerns those no-doc loans that got the economy in trouble in the first place. You know, the loans that the government insisted bankers make, and gleefully backed then with the assurance of Fannie Mae and Freddie Mac. Well they are back.

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