pknopp
Diamond Member
- Jul 22, 2019
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It was 100% wrong on Clinton's part to roll back regulations
The LEFTIST SPIN on the housing disaster is that "regulations" were rolled back...
They weren't? We imagined it all? The Gramm–Leach–Bliley Act never happened?
In truth, it was 100% about Uncle Sam guaranteeing mortgages of buyers who could not pay. That is what made Franklin Raines hundreds of millions of dollars, and ended up costing us $2 trillion.
A FISCAL CONSERVATIVE would never have done any of that.
This is a cop out and in the end not really disputing what I said.