tag:blogger.com,1999:blog-8771666371746650057.post6991599763833393849..comments2023-11-03T05:34:26.880-05:00Comments on The Whited Sepulchre: Projected Unemployment - with Porkulus, without Porkulus, and Reality BasedThe Whited Sepulchrehttp://www.blogger.com/profile/17657366124122012622noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8771666371746650057.post-40098842322703052892009-11-08T23:47:04.750-06:002009-11-08T23:47:04.750-06:00Flee,
There was only two sets of regulations that ...Flee,<br />There was only two sets of regulations that led to "Too big to fail", and the Bush/Obama bailouts....<br /><br />First were the regulations that required lenders to make subprime loans. You may have heard of the subprime loans. And why didn't lenders hesitate to make more and more of these loans? Because they could pass these loans on to the quasi-government agencies The Whited Sepulchrehttps://www.blogger.com/profile/17657366124122012622noreply@blogger.comtag:blogger.com,1999:blog-8771666371746650057.post-38200964459108703302009-11-08T23:24:07.343-06:002009-11-08T23:24:07.343-06:00Remember that the subprime mortgage/real estate cr...<i> Remember that the subprime mortgage/real estate crisis was caused by people following regulations to the letter.</i><br /><br />No really it wasn't, http://www.pbs.org/wgbh/pages/frontline/warning/?utm_campaign=homepage&utm_medium=bigimage&utm_source=bigimage<br /><br />I would agree that regulation can hurt small business but de-regulation has given us "Too big to fail"Lisahttps://www.blogger.com/profile/13503096710901190795noreply@blogger.com