I love you too Lindy! But the facts are facts.
In fact adding regulation (socialism) by Clinton to the banks is what has eventually brought us down in the housing market.
If we forget the Liberal Conservative blame game and look at what caused the housing bubble, you will see the truth and notice that banks are no longer adhering to those regulations (socialism) imposed on them. In fact if the banks did continue with those regulations in todays market they would be called irresponsible, wasteful and disastrous, plus economist and politicians would be demanding for the banks bailout money back.
Wish I could explain it to you in more detail now, but I’m replacing all my galvanized water pipe with copper pipe under my house this weekend and I’m limited with time. I would much rather be sitting on a chair than crawling on the dirt.
Flame » in reply to "Socialism wore down the safeguards...."
re: "Socialism wore down the safeguards...."
The whole thread (33 posts)
- Another phrase headed for extinction in media political discourse...
- Scale, man, scale. Perspective. Think "Abramoff" and follow the links.
- Not to worry, we'll be talking about The Great Republican Depression for a long time (n/t)