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Message
From
02/10/2016 07:47:30
 
 
To
01/10/2016 12:23:24
General information
Forum:
Family
Category:
Birthdays
Title:
Miscellaneous
Thread ID:
01641198
Message ID:
01641568
Views:
43
>>>>But also calling for accountability of the very oversight processes she was part of setting up - now that takes some courage.
>>>
>>>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
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