JC, your response is a classic case of avoiding the real issue by focusing on minutiae. The fact that you’re dismissing the analogy and the broader context I provided shows that you’re either unwilling or unable to engage with the actual arguments. The financial crisis wasn’t just about individual regulations or specific bad loans it was about a systemic failure that was deliberately engineered by those in power to maximize their profits, even if it meant risking the entire economy. This isn’t "nonsense"; it’s the core of why the 2008 collapse happened and why it will happen again under the same conditions.
You keep demanding answers to narrow questions, but those questions are designed to distract from the bigger picture. The financial industry lobbied for the repeal of Glass-Steagall and other protective regulations because they knew it would allow them to engage in riskier behavior with greater potential rewards, all while passing the risk onto the public. When that gamble failed, it wasn’t capitalism that saved the day it was a government bailout, essentially a socialist intervention, that prevented a complete collapse. So, if you want to talk about who’s really deflecting, take a look in the mirror. The truth is, a more socialist system would have prevented the crisis in the first place by keeping the financial industry accountable to the public, not to profit margins.