To: Owen
LOL To the extent that ANY portion of capitalism failed, it failed because Statists in the Federal government DICTATED that financial institutions must make massive loans to people who werent even capable of managing their affairs well enough to pay their monthly telephone bills.
26 posted on
11/30/2017 1:14:30 PM PST by
House Atreides
(BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
To: House Atreides
Actually the commissions to mortgage brokers and loan officers made that happen more than govt pressure.
But it did happen. And capitalism did fail. Bernanke didn’t save it. He just created pretense all were delighted to sign onto.
27 posted on
11/30/2017 2:26:01 PM PST by
Owen
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