Yes, Clinton and his buddy (forget his name at the mo) headed off to citibank the next day as their CEO. Ludwig the other buddy revamped and enlarged the treasury dept. The corruption was astounding w/ Clinton, Gore, and all their cronies. One of the first things they did was expand the EPA by millions, grabbed land by the millions of acres, one could go on but they sure made hay while the sun shone.
Yep. the democRATS set the banking system up, pumped the bubble with pressure from the Community Reinvestment Act and Fair Lending, and pulled the rug out from under it. A half a trillion pulled out of the banking system in New York IN ONE DAY IN SEPTEMBER 2008 before the election, and you have a liquidity crisis that exacerbates the mortgage meltdown. International accounting standards and key changes to law and regulation for mark-to-market on securities investments and eliminating the uptick rule on short sales, and, wala, a market meltdown of epic proportions. Do I think the Democrats and Soros had something to do with this? You had better believe it!
And it hasn’t stopped. Now they want to apply Basel III international capital standards to community banks. I would call it a “VAST LEFT-WING CONSPIRACY”. The Clintons, Soros and Obama should be in jail, not influencing US presidential elections.