"The failed policies of the past."

[crackers]

THIS SHOULD BE INTERESTING :

Blame Clinton for the failed policies of the financial crisis

[crackers]

"... two congressional acts often accused of causing the crisis – the Gramm-Leach-Bliley Act of 1999, which overturned parts of the Glass-Steagall Act, and the Commodity Futures Modernization Act of 2000, which prohibited regulation of derivatives. See the end of this article for a further discussion of these two acts, which deeply impacted the financial markets but did not contribute directly to the crisis."

That's like saying don't drown here, drowning is a misdemeanor and will be enforced.

The government forced banks to make sub-prime loans to lenders with little or no
skin in the game. That's what made it so easy to walk away. That's what made these
financial  schemes so rediclious in the first place.

[crackers]

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