Burning Down The House: What Caused Our Economic Crisis? V2
posted on Sept 27, 2008 11:49 PM ()
Comments:
Blah...sorry, but I as a Canadian and not even LIVING in your awesome country, still think Bush was bad in general. His dad was bad, his son is bad and God help us that no other Bush runs....
I do resect your opinions though....and am not judging, merely stating my own
"The president told the nation that the crisis is due to 'the irresponsible actions of some jeopardizing the financial security of all.' There are even lies circulating that blame minorities for the crisis through the Community Reinvestment Act. This is factually wrong -- and repugnantly bigoted. In fact, the root cause of the failures today is the ideological rigidity of the Bush administration, and its conservative friends in Congress and on Wall Street who oppose regulation, oversight and corporate accountability. But now, their policies have failed and the chickens have come home to roost. Eight years of irresponsible and unregulated free-market lending run amok got us into this fix. The collapse of Wall Street represents the failure of conservative economics. The idea that government is the problem, as Ronald Reagan said, should be forever dispensed with. Government cannot be both the problem and the solution when convenient." --- Rep. Keith Ellison (D-Minn.), Financial Services Committee, U.S. House of Representatives. Excerpt from his editorial, Minneapolis Star Tribune, September 28, 2008.
Thank you, Jenn. Be ready and able to take the heat!
I do resect your opinions though....and am not judging, merely stating my own