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 ...
REGULATIONS. SOCIALIST REGULATIONS.
- WITH THE IMPLIED GUARANTEE OF THE FEDERAL GOVERNMENT.
VOTE ACCORDINGLY. VOTE ROMNEY.
- 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.
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