http://blogs.courant.com/capitol_wat...zes-chris.html
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Great comments!
Originally Posted by eduardo89
Indeed, particularly this one
By Peter Schiff on September 22, 2009 3:56 PM
With all due respect to Ms. Flanagan, I'm not the one exposing ludicrous theories, she is. I was one of the most vocal on-air critics of George Bush in the country precisely because I knew his anti-free market policies would create a financial and economic crisis. If Wall Street ran the show it was only because of the cheep credit supplied by the Federal Reserve and government subsidies and regulations that prevented the free market from reigning in excessive risk taking. Of course the single greatest culprits were Fannie Mae and Freddie Mac, which thanks to government guarantees and Chris Dodd’s protection, where the most highly leveraged financial institutions in the world. Chris Dodd has far more in common with George Bush then I do, as does Ms. Flanagan, who has no idea what she is talking about.
Also, I do not "like to say I predicted" the crisis." The facts speak for themselves. Too bad Ms. Flanagan has not bother to consider them.
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