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 : Mainstream Politics and Economics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: TimF6/21/2022 4:46:50 PM
1 Recommendation

Recommended By
Paul Smith

   of 85487
 
The Uncomfortable Truth about the 2008 Financial Crisis
Jun 21, 2022
Free To Choose Network

There is a popular myth that the 2008 financial crisis was caused by deregulation and greed on Wall Street with the government stepping in to save the day. In this clip from Corporate Welfare: Where's the Outrage, Johan Norberg interviews retired BB&T CEO John Allison on the true causes of the crisis. Allison explains how the distorting and chaotic behaviors of the federal government set the stage for a housing market crash and then propelled it into a full-blown banking crisis. Learn the little-known history of federal housing policies that aspired to help the poor and instead bankrupted a nation. See how amidst the crash, the regulators reneged on legal contracts and forced 700 billion in taxpayer revenue on good banks that didn't need it.

Corporate Welfare: Where’s the Outrage? – A Personal Exploration by Johan Norberg explores what happens when government policies support big business interests at the expense of small businesses, individuals, and local communities.


youtube.com
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