SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RMF who wrote (30649)12/23/2008 10:24:33 AM
From: TimF  Read Replies (2) of 71588
 
Derivatives aren't a reasent invention, or one that has any important connection to Bush or any recent deregulation. Rebuying of loans did not always involved derivatives, and even when it did, it often could have been done without them. Derivatives are a tool that was misused by many people in this situation, which made the problem worse, but they where not the root of the problem.

I blame the Republicans for "deregulation"

What deregulation? Be real specific, what regulation was removed, that caused or made a major contribution to the current problems?

You talk about Fannie and Freddie and CRA as if THAT'S why banks made ALL those lousy loans.

I don't. They where important parts but not everything.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News