Originally Posted By: GrvtykllrBTW, to say bush did nothing is not even close to teh fucking truth.To say he did nothing about the Dems de-regulating Fannie-May and Freddie-Mac (which is all I was talking about) is absolutely true...fucking or otherwise.
-
Fight against Fed-funded abortion is on....
-
Deregulation is, and has been, a conservative mantra. Remember less government is better government, that was one of the Reagan Pillars. Dad set on the board of bank and as soon as the Reagan admin. and congress deregulated the banks he correctly predicted the first S&L crisis years in advance.Clinton fucked us by not reinstating some of the regulation that had been done away with and not enforcing that which remained. The crisis we find ourselves in now is generational in the making, most likely do to the dieing off the generation that had to live the consequences of the laissez faire attitude that ruled the teens and twenties and begot the great depression.
-
Originally Posted By: OldFolksDeregulation is, and has been, a conservative mantra. Remember less government is better government, that was one of the Reagan Pillars. Dad set on the board of bank and as soon as the Reagan admin. and congress deregulated the banks he correctly predicted the first S&L crisis years in advance.Clinton fucked us by not reinstating some of the regulation that had been done away with and not enforcing that which remained. The crisis we find ourselves in now is generational in the making, most likely do to the dieing off the generation that had to live the consequences of the laissez faire attitude that ruled the teens and twenties and begot the great depression. For the record, it was under the Clinton administration that Fannie-Mae and Freddie-Mac were de-regulated. It was only then that they proceeded (at the behest of the flaming liberals) into the sub-prime market. Check the facts. If you dig, it's all there as to who is to blame (mostly) for this mess. Interesting that you have to dig for it at all, though, with a media that's supposed to be reporting everying fairly (instead of playing "cover the liberal butt").