"How Did This Happen?" And "A Plauseible Answer"

Here is a great article that dares to ask the questions no one seems to be asking, "How Did This Happen?"

In my line of work, Root Cause Analysis' are the first thing you do when you want to permanently fix a problem. This author has a point. No one seems to care how we got where we are. To which I would as, "How do they know what to fix, if they don't know how this happened?"

This author expands on the article above and proposes to answer the question, How Did This Happen? The one thing he points out that I never realized was, while all the talk has been about Fannie Mae & Freddie Mac, no one seems to be talking about Ginnie Mae. What has Ginnie Mae done right? Maybe a better question would be, "What did Ginnie Mae not do that Fannie & Freddie did do?