The T
George S. Patton Party
And guess who caused it?Learning opportunity boomp...
While many causes for the financial crisis have been suggested, with varying weight assigned by experts,[9] the United States Senate issuing the LevinCoburn Report found "that the crisis was not a natural disaster, but the result of high risk, complex financial products; undisclosed conflicts of interest; and the failure of regulators, the credit rating agencies, and the market itself to rein in the excesses of Wall Street."[10]
Critics argued that credit rating agencies and investors failed to accurately price the risk involved with mortgage-related financial products, and that governments did not adjust their regulatory practices to address 21st-century financial markets.[11] The 1999 repeal of the GlassSteagall Act of 1933 effectively removed the separation that previously existed between Wall Street investment banks and depository banks.[
Glass and Steagal were Pubs...
Government...BY FORCE.