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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (472233)4/15/2009 6:55:41 PM
From: Tenchusatsu1 Recommendation  Read Replies (1) of 1576246
 
CJ, > The cuts in regulation led directly to the meltdown we have experienced.

Maybe you could point to the regulations that, if not cut, could have prevented the meltdown in the securitization of mortgages.

Then you could point to the regulations that, if not cut, could have prevented the real estate market from overheating in the first place.

Then you could point to the regulations that, if not cut, could have prevented banks from issuing way too many subprime mortgages.

Since I know you won't, I won't even ask.

Tenchusatsu
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