Re: Burning down the house: What caused the economic crisis?
Dan--much of what you say IS true but there are some differences in opinions as to what placed the LAST straw. The issue as far as I am concerned is that the last straw should never had been placed if actions had been taken as proposed by the republicans starting in 2001 and then in 2005 and poo pooed by democrats such as Barney Franks.
Also, I see that you are spouting the deregulation line currently popular by some democrats. It was not deregulation that caused most of the problem. Here is what Bill Clinton had to say about it.
http://www.volokh.com/posts/1222997189.shtml
Lee
__________________
SVXx2
92 SVX LS-L Silver
92 SVX LS-L Burgundy (structurally challenged with 2792 miles)
96 SVX LSi Red
92 SVX LS Pearl (Parts)
01 F150 4X4 Red
(+6 with other members of the family)
FREEDOM IS NOT FREE
|