Quote Originally Posted by rb336 View Post
... yes, freddie and fannie were/are problems, but they were FAR from the cause of the financial meltdown, which the vast majority of conservative and liberal economists alike trace to, among other things, ...
Perhaps I'm stating the obvious, but if we're looking for one general cause, would it not be over-deregulation? That seems to be the conspicuous elephant in the room that many people would like to ignore. And it's not just the financial meltdown that was caused by over-deregulation. What about all the poisoned imports and food safety problems we had around the same time the financial meltdown was brewing? The pattern is there right out in the open.