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.

REGULATIONS. SOCIALIST 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.