"More broadly, Obama blamed regulators for the financial debacle, saying they "dropped the ball." Regulators, he said, "have been asleep at the switch."
The president-elect said his new team will help put in place new rules that will help "crack down on the culture of greed and scheming."" (AP)
What role did Barney Frank and Chris Dodd Play? And don't forget the Democratic Party fighting regulation when it was brought to their attention (by the Prepublican party) that Fannie Mae was in big trouble many years ago?
See... Obama is just like the rest of the Political Elites! Points a guilty finger out into space and says it is not my or our fault!
Obama... forcing Banks to lend to people that can't repay their loans is stupid! So, I guess I must be calling you, Franks and Dodd stupid!
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1 comment:
your blog is so good......
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