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For every new regulation, two must be revoked
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Quote:This idea is so fundamentally stupid... so naturally conservatives will love it.Since you are popping in to throw your IQ around, enlighten. We show less advertisements to registered users. Accounts are free; join today!
Quote:So... deregulation wasn't the primary contributor to the housing crisis? No oversight into the lending process whatsoever was good for America? No it wasn't. There are a number of factors that lead up to the housing prices including regulation/deregulation, but that wasn't really the primary cause. Here is an article from the New York Times that describes Fannie Mae's involvement. Here is a report from the FCIC regarding what the actual cause was. Here is a Wikipedia article that deals with just government policies having to do with the housing crisis. (More specifically the sub-prime mortgage crisis). There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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