Cher isn’t known for her public policy expertise, but in one of her typical blowhard rants this morning,  she actually came close to a bona fide insight.

“No jobs, no money” mortgages were indeed at the center of the housing bubble that preceded the financial meltdown of 2008-09.

If only she could take the next step and figure out why lenders were offering such ridiculous loans. Hint: It wasn’t just capitalism and greed.

Come on, Cher, you can do it!