The Cause Of All Our Economic Woes

April 1st, 2008at 09:27pm Posted by Eli

Of course! It’s so obvious!

Last March, Treasury convened a blue-ribbon panel to discuss U.S. capital markets competitiveness. Industry leaders and policymakers alike agreed that the competitiveness of our financial services sector – and its ability to support U.S. economic growth – is constrained by an outdated financial regulatory framework.

Yes, that’s right, the subprime meltdown was because the financial sector has too much regulation.

I’m so glad we have perceptive wise men in charge.

Entry Filed under: Bush,Economy,Politics,Republicans,Wankers


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