Shinjimas

Paulson's Poker Face: A Bluff by Going All In

Loooong article good on the economic side, but off-base on the political side. The "Republican policy that helped to precipitate this mess"? More than anyone, Congress bears responsibility for creating this mess. They created a system where loans were encouraged for those who couldn't pay even to the point where banks were punished for not making those loans. The "republican" administration was blocked from fixing this problem by a democtatic congress.