And Bill Clinton, he thought everyone should be able to borrow money and own a home and designed policies accordingly kicking off the mess that popped in GFC, Bush never changed them either. Paulson bank bailouts were caused by policies created many years earlier imo and also the FED being slack on Bank lending oversight and asset allocation whether intentional or not.
They reckon the bailouts and extreme money printing was/is a necessary evil but i never liked the idea and still don't and companies that are too big to fail shouldn't exist or be allowed to exist imo, Taxpayers shouldn't be on the hook because some idiot doesn't understand risk, its not fair.
- Forums
- Political Debate
- Economic downturn gathers pace
Economic downturn gathers pace, page-47
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)