September 17, 2010 at 6:27 pm
#703619
Smitty
Participant
“and the kind of deregulation that created the economic meltdown in the first place….”
What started this entire thing was REGULATION. Regulation forcing banks to lend to people they normally wouldn’t have – resulting in the housing bubble. It was all downhill once that started to collapse.
Oh, and Alan Greenspan(a government REGULATOR) keeping rates WAY TOO LOW for way too long.