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Don Phillips' writing in the November 2008 Trains issue
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<p>For any who disbelieve my abovementioned explanation of what caused the housing crisis, you can always go with the <em>60-Minutes</em> explanation last night. They blamed it all on Wall Street. They even had Wall Streeters on the segment blaming it on themselves. But I did notice that their explanation was entirely incomprehensible, unlike mine, which is totally understandable and logical. I see ABC ran a similar piece this morning blaming the bankers for lending to unqualified borrowers. </p><p>How can a borrower be unqualified when he or she has Uncle Sam co-signing the loan?</p>
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