About Me

Thursday, November 22, 2012

Another place where Republicans keep failing | WashingtonExaminer.com

Another place where Republicans keep failing | WashingtonExaminer.com: "Bush didn't create the conditions that led to the crash; he inherited them from Bill Clinton, and a large cast of thousands all played their own parts. Republican policies had no role in the crash; and the Democrats' policies would have had no role, either.

This was not a case of free markets run wild; it was a case of government policy distorting the markets by removing their built-in restraints. This case has been made by a handful of columnists and two serious books -- "Reckless Endangerment" by Gretchen Morgenson and Joshua Rosner, and "Fannie Mae & Freddie Mac" by Oonagh McDonald -- but not yet by the silent and clueless Republican Party. How many more times must it lose till it does?"

'via Blog this'

No comments:

Post a Comment