Is the real cause of our Economic Downturn "Excessive Greed" or "Excessive Benevolence"?

Question by thealligator414: Is the real cause of our Economic Downturn "Excessive Greed" or "Excessive Benevolence"?
Bruce Anderson in The Independent:

Anderson writes: “Excessive benevolence is much more to blame than excessive greed.” Going on to elucidate that “In the late 1990s, a Democrat-controlled Congress virtually compelled US banks to advance mortgages irrespective of the applicants' financial status. Racial factors played a role in this; a large percentage of sub-prime

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