This is a demonstration of the point we just made. "Wall Street" didn't fail, some companies did. Then you (the left) bail them out, force them to play by your rules and control Wall Street. Our solution would have been to let the firms that failed fail. But you use it to expand government control, which you wanted anyway, and blame the people who don't support and didn't want what you did.
Actually Bush and Congress bailed them out.
But as I said, Bush's SEC allowed Wall Street to run a Ponzi scheme.
And Bush lowered taxes for the rich, started two unfunded wars and a trillion dollar Medicare drug program, all of which doubled the National Debt.
Nice try at deflecting, however.
Addressing your post was deflecting? Sure it was Chris. The policy started under Clinton to force firms to make "sub prime" loans, Barney Frank oversaw the process, "Congress" was controlled by Democrats and George Bush is no conservative and it was all repeated and expanded under Obama. And so you know, "Wall Street" isn't a firm, it's a collection of them. Some were responsible, some weren't. As is the discussion, once again government saved the ones that were not responsible with money earned by other people which then got to compete with other people's money against the firms that were responsible.
Again, you do what you wanted for the end you wanted and blame the victim and people who didn't support or want your policy. Nice try deflecting that.