Comment

The GOP Is Insane - Threatens Default and Government Shutdown

141
stabby1/14/2013 12:07:34 pm PST

re: #119 Charles Johnson

I heard an economist say that the lion’s share of the debt was from the fiscal crisis. So while it’s true that Bush ran up an unnecessary debt, the main problem is that we bailed the world out from a fraud-caused bubble.

And THAT can be blamed on what? Deregulation? The SEC not doing its job? I don’t know.