What Caused Our Economic Crisis? All You Need To Know In 10 Minutes
Posted by Rick Barton on September 26, 2008
The same people who got us into this mess are now the Democrat majority committee chairs trying to get us out of this mess. Democrats and the Bush administration are trying to give Wall St. a $700 billion bailout. House Republicans are structuring a government insurance and loan program for Wall St., taking the burden off the American taxpayer, placing it on Wall St., and refusing to give in to a further move towards government socialism.
What we should demand is that the people who got us into this mess — Chris Dodd and Barney Frank in particular — recuse themselves from their committee assignments and stay out of the solution-making process. And what we must demand is an end to government distortion of lending and investment markets to pick winners and losers. No more GSEs, no more CRAs — just competent oversight and rational regulation.
This entry was posted on September 26, 2008 at 08:34 and is filed under Politics. Tagged: Barack Obama, Corruption, CRA, Democrats, Economy, Election 2008, Fannie Mae, Financial Crisis, Freddie Mac, John McCain, Politics, Republicans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
jzlouis said
The Obama truth squads are all over this video. They got some of their buddy’s at Time Warner to threaten to sue over the music in the video. The video has been modded to remove the offending content and reposted. Please keep spreading the video it is obviously getting under the skin of the opposition.
Here is the new link to the edited version. I have modded the original post to include the new link as well.
WALL ST. & GOVERNMENT PARTNERS IN CRIME « computerdetective said
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