I didn't say they weren't. I only made a point of comparison to indicate that housing starts are still low, historically speaking, despite high demand. You have to go back to the mid-nineties to find similar numbers.
As for who started the financial crisis that led to the Great Recession, there's plenty of blame to go around. Both parties supported making it easier to get a mortgage. But it was widespread corruption in the mortgage banking industry that ultimately doomed the economy, and federal regulators were largely missing in action in the years leading up to the crash. We all know who was at the wheel when the economy went in the ditch. On the other hand, not a single banker, underwriter or broker has gone to jail for their misdeeds, and they should all thank Barry for letting them off the hook. As long as there's a revolving door between the finance industry and the agencies tasked with regulating it, the cycle is going to repeat itself.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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