On the recordDecember 10, 2009
If we continue to drag this out... we are going to find ourselves in a real serious, severe crisis.
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congress.govIf we continue to drag this out... we are going to find ourselves in a real serious, severe crisis.
Delahunt warns of a looming crisis if action isn't taken quickly.
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It isn't about government overregulating. It is government abdicating its responsibility to supervise.
If they want the market to function in a way where there is no government support, intervention, regulation, they will discover it if there is another September of 2008; it will be a debacle.
That is why I take offense when I hear it is the Community Reinvestment Act that did this. That is baloney.