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Obama talking about the economy did not make Lehman brothers fail. It did not make Bear Stearns fail. It did not make our entire financial sector load up on ris
by mattobrien 18y ago
Obama talking about the economy did not make Lehman brothers fail. It did not make Bear Stearns fail. It did not make our entire financial sector load up on risky loans. It did not make mortgage originators and bankers give out mortgages and loans to people who shouldn't have gotten them. There are real structural problems in our economy. People are worried for good reason. This is not merely in people's heads.
- TomOfTTB 18y agoWhen asking "what is in people's heads" the question is the scope of the disaster not whether there is a disaster at all. No one questions there's an economic crisis the question is it's scope which is where the Obama administration's stance becomes an issue.