>>>>You already know the cure for ineffective regulation is MORE REGULATION!
>>>
>>>The Bush administration and GOP failed to provide needed government oversight of the mortgage-backed securities market - we all know how that turned out. Meanwhile the GOP still wants deregulation and still thinks trickle down economics will work. You'd THINK they would learn - but guess not.
>>
>>You do know that the crazy mortgage market was caused by government oversight and regulation, right?
>
>Not true: https://www.washingtonpost.com/news/wonk/wp/2013/02/13/no-marco-rubio-government-did-not-cause-the-housing-crisis/
>
>http://www.cbsnews.com/news/loans-to-low-income-households-did-not-cause-the-financial-crisis/
>
>This was one of the best things I heard or read to understand the financial crisis: http://www.thisamericanlife.org/radio-archives/episode/355/the-giant-pool-of-money
>

Tamar, thanks for the links.
I will have a look.

It is pretty obvious that we have a different belief system
And each side can analyze any subject in the *abstract* to make it fit their world view.

I will read those - but pray tell, answer this:
The regulation known as "Community Reinvestment Act" did force banks to make lower quality loans.
Fannie and Freddy did indeed accept horrible loans with bad underwriting - Pushing sane lenders out of the market.
How is it not the fault of our goverment for creating these conditions?