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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 weren’t 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)
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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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