Unkotare
Diamond Member
- Aug 16, 2011
- 136,971
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The government meddling was to NOT interfere with Lending Institutions breaking the rules.Free market capitalism brought us the absolute catastrophe at the end of Bush's two terms.......
Wrong. Government meddling brought that.
Government meddling forced lending institutions to make bad loans. These bad loans were, predictably, sold and resold to avoid the inevitable and profit before the shit hit the fan. It all started with government meddling, chiefly by a FRANKly irresponsible congress-person.