"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Friday, July 13, 2012

REGULATIONS AND NOT DEREGULATION CAUSED THE CRASH

REGULATIONS AND NOT DEREGULATION CAUSED THE CRASH

THE LEFT WANTS YOU TO BELIEVE THAT DEREGULATION CAUSED THE CRASH.

BULLS*IT.
  • WHAT INFLATED THE BUBBLE ... 
  • THAT LED TO THE CRASH ... 
  • WERE THE REGULATIONS ON THE BANKING INDUSTRY ... 
  • THAT FORCED THEM TO UNDERWRITE SUB-PRIME AND ALT-A LOANS ... 
  • AND THE REGULATIONS THAT PERMITTED FANNIE MAE TO BUNDLE THEM AND CREATE DERIVATIVES ...
  • WITH THE IMPLIED GUARANTEE OF THE FEDERAL GOVERNMENT.
REGULATIONSSOCIALIST REGULATIONS.
  • WITHOUT THOSE REGULATIONS,
  • THERE WOULD HAVE BEEN NO BUBBLE
  • AND VERY VERY VERY FEW BAD LOANS
  • ISSUED TO PEOPLE WHO REALLY DIDN'T DESERVE THEM.
  • AND NO CRASH.
VOTE ACCORDINGLY. VOTE ROMNEY.


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