You sir, are a fool.
Unrestrained capitalism is not responsible for the mortgage meltdown.
Government regulations forced lenders to find the ways to hit lending quotas. On top of that, Fannie May and Freddie Mac bought sub prime mortgages, allowing lenders to write risky loans, because the lenders knew they could sell the mortgage.
Government regulation and interference in the mortgage industry is directly responsible for the mortgage meltdown.
Anyone who says otherwise is a shill for more government intervention.
Go peddle your socialist garbage elsewhere.
You have absolutely no idea what you’re talking about.
And, I took valuable time to give you a lesson in how government can distort the free market.
Evidently, you don’t see it as a bad thing.
Again, you’re a fool.
What you said.
Bump.
Anyone who wants to “restrain” capitolism and profit,
wants to fetter free men.
Improperly controlled capitalism, bad government regulation, socialism, monopolies, lack of access to free trade all limit profit.
Properly controlled capitalism, equal standards, copyright protection, free markets, environmental laws, free association, equal competition enhance profit.
ex animo
davidfarrar