^^ put the banana daiquiri down, pay attension, Carter's community reinvestment act was the problem, banks were encouraged (threatened) to make loans for bad credit, low income borrowers, this is the snow ball that turned our economy into a disaster.
Wow, no it wasn't. Read the freakin report and stop being ignorant
-------------- And the light shines in the darkness, and the darkness did not comprehend it.
Reagan (Regan) paved the way by deregulating Wall Street, then Slick Willy opened the door for the meltdown with the repeal of Glass-Steagall. These big bank phucktards have been wanting to shoot craps with loaded dice all along.
-------------- Dear future generations: Please accept our apologies. We were rolling drunk on petroleum.
Reagan (Regan) paved the way by deregulating Wall Street, then Slick Willy opened the door for the meltdown with the repeal of Glass-Steagall. These big bank phucktards have been wanting to shoot craps with loaded dice all along.
Best example is Robert Rubin (I know this has already been talked about before). 20some years at Goldman Sachs. Then Secretary of the Treasury for Clinton, helps get some of the biggest banking and investment safeguards destroyed, instantly leaves as Secretary of the Treasury and gets a job at Citigroup, which ends up needing the biggest bailout and makes over $100 million during his years at Citigroup. Now goes around doing interviews, writing articles, and having his "achievements" honored! Crazycrazycrazy.
Remember boys and girls,
