On the recordDecember 10, 2009
It isn't about government overregulating. It is government abdicating its responsibility to supervise.
Source
congress.govIt isn't about government overregulating. It is government abdicating its responsibility to supervise.
Delahunt emphasizes the need for government oversight in the mortgage market.
Share
More from Bill Delahunt
God forbid they have a total collapse on the real estate market, we are going to be back to where we were in September of 2008.
I think it says something about our system, our political system and how, you know, how there are powerful interests that oftentimes, I believe, don't really understand their own interests in the long term.
I wanted to note that in hearings before the Committee which I Chaired there were a number of military prosecutors that testified that described that entire process as a sham, a joke and a fraud being perpetrated.