A person in the newest Financial crisis Inquiry Commission responds to the interviews which have Barney Honest, arguing you to definitely with no government’s input, there would be zero homes drama
To the December 9, The fresh Atlantic had written on the internet an interview that have Congressman Barney Frank payday loans Campo, CO. On it, he named me good “genuine extremist.” That it name-contacting wasn’t only false in addition to poor to the severity of your own point — that’s if or not bodies casing coverage, and not the banks and/or individual industry, caused the 2008 economic crisis. I thought i’d address one another Congressman Frank’s statements and also the issues he had been asked about regulators construction policy and also the monetary drama.
We are hearing Republicans regarding the presidential prie the newest property crisis towards the this new Clinton-day and age force so you can lend a whole lot more in order to the indegent. On your take a look at, just what caused the financial drama and subsequently the latest economic freeze?
Congressman Honest, obviously, blamed the newest overall economy toward inability sufficiently to regulate new banks. Within this, they are adopting the antique Washington practice of blaming someone else to have his own problems. Read More
