To be fair, the sub-prime lending crisis had its roots firmly in Clinton-era repeal of Glass-Steagal, so it’s not all so easy.
No particular love for the Republican Party, but it’s a problem created by the Democrats, which they then patched with the inferior Frank-Dodd. Plenty of stupidity to go around, I would say.
No particular love for the Republican Party, but it’s a problem created by the Democrats, which they then patched with the inferior Frank-Dodd. Plenty of stupidity to go around, I would say.