Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: moneyrunner

[has cost the world 15% of its market capitalization, about $9 trillion. The primary culprit who caused all of this financial loss, pain and suffering is not the mortgage companies. Neither is it the overextended borrowers. It is our own federal regulations interfering with the free market. ... The unintended consequences of good intentions can do more economic harm than all the mean-spirited greed within capitalism]

When you think on the people who run Congress and pass legislation and the type of leaders they have, you can see why true conservatives hate the hate filled left wing communists monsters who are destroying our once great nation.


3 posted on 05/10/2008 5:31:21 AM PDT by kindred (I am now a third party conservative, GOP be damned.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: kindred
Try not to paint with too broad a brush. There were people who resisted these regulations. Not many, but some. There was a lot of demagoguery going on about unfair lending practices, remember? The issue of “race” was being tossed around by anyone who uttered a peep.
7 posted on 05/10/2008 5:55:38 AM PDT by moneyrunner (I have not flattered its rank breath, nor bowed to its idolatries a patient knee.)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson