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By A sign of the times ... (anonymous) | Posted December 30, 2009 at 12:02:08
jason,
Perhaps you're unfamiliar with the political system in the United States. In 2006 the Democrats were elected to the house. This gave them absolute power in voting for and against policy. Funny how the economy started to "go down the crapper" at that point. Please don't forget it was Barney Frank (D) who said Freddie and Fannie was a well run institution which required no restructuring. The Republicans demanded restructuring of the financial system, but the Dems chose to block every attempt.
It's not your fault. You probably read the Toronto Star.
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