The connection between financial deregulation and economic collapse: Where does your candidate

[mmonk]

stand?

[JonLeibowitz]

1. Michael Burry (from The Big Short) on deregulation and the nature of our economy

[mmonk]

11. Thanks

[1StrongBlackMan]

2. All of the current candidates for the Democratic nomination stand for strong and ...

comprehensive financial (re)regulation. Why do you ask?

Never mind, the trailers are the give away.

[mmonk]

3. The first three aren't trailers.

[1StrongBlackMan]

4. The videos. Again, ALL of the current Democratic candidates stand for ...

strong and comprehensive financial (re)regulation. This, the economists of the left, all agree.

[el_bryanto]

5. The problem is that one of the candidates has a history of being on the other side of this issue

I hope that if she is nominated and elected, that Clinton matches deeds with rhetoric, but her past efforts don't lead me to have a great deal of confidence in the matter.

That said, I will vote for Clinton in the General if she is our nominee.

Bryant

[1StrongBlackMan]

6. Please cite to HRC's past efforts regarding financial regulation, that give you doubt. eom.

[mmonk]

7. The ultimate question I suppose is why not reinstate the firewall, especially

since derivatives are largely not regulated at all.

[BlueStateLib]

8. Bernie Sanders and congress bought into George Bushes ownership society and voted for every housing

Bernie Sanders and congress bought into George Bushes ownership society and voted for every housing initiative Bush proposed

American Dream Downpayment Act 2003
Dec 16, 2003 - President Bush on Tuesday signed into law the American Dream ... payment and closing costs, and further strengthen America's housing market
http://georgewbush-whitehouse.archives.gov/news/releases/2003/12/20031216-9.html

Zero-down mortgage initiative by Bush is hit -
BUSH ADMINISTRATION ANNOUNCES NEW HUD "ZERO DOWN PAYMENT" MORTGAGE
Initiative Aimed at Removing Major Barrier to Homeownership

LAS VEGAS - As part of President Bush's ongoing effort to help American families achieve the dream of homeownership, Federal Housing Commissioner John C. Weicher today announced that HUD is proposing to offer a "zero down payment" mortgage, the most significant initiative by the Federal Housing Administration in over a decade. This action would help remove the greatest barrier facing first-time homebuyers - the lack of funds for a down payment on a mortgage.
http://archives.hud.gov/news/2004/pr04-006.cfm

Bush drive for home ownership fueled housing bubble
By JO BECKER, SHERYL GAY STOLBERG and STEPHEN LABATONDEC. 21, 2008

WASHINGTON — "We can put light where there's darkness, and hope where there's despondency in this country. And part of it is working together as a nation to encourage folks to own their own home."
- President George W. Bush, Oct. 15, 2002
http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html?_r=0

Meltdown: The men who crashed the world

If Bernie Sanders had it his way, the financial crisis of 2008 would of been worse

[mmonk]

9. Is that why he is for re-establishment of

Glass-Steagall?

[ViseGrip]

10. This is why I support Bernie Sanders!

[elleng]

12. O'Malley: America's Economy Needs 'Sensible Rebalancing,' Not 'Pitchforks.'

On whether large corporations are able to deal with regulation better than small businesses

Oh, certainly. I mean, our tax code's been turned into Swiss cheese. And certainly the concentrated wealth and accumulated power and the systematic deregulation of Wall Street has led to this situation where the economy isn't working for most of us. All of that is true. But it is not true that regulation holds poor people down or regulation keeps middle class from advancing. That's kind of patently bulls- - -.

http://www.npr.org/sections/itsallpolitics/2015/04/20/400447308/omalley-americas-economy-needs-sensible-rebalancing-not-pitchforks

[mmonk]

13. Thanks for answering the question.

[elleng]

14. You're welcome.

We do our best.

[mmonk]

15. .