How come people on both sides of the Political aisle can’t see that this..?

Deal Score0

Depression was caused by about 30 years of repealing the rules and regulations put in to protect us from another depression. Also, it was both parties that did this. The Democrats wanted more consumer friendly terms to help the poor and the people with bad financial skills. The Republicans wanted to give the banks more freedoms.

I mean, the current credit score system is a joke. You have to stay in debt to keep a high credit score since part of it is having steady loans such as mortgages and car loans.

2 Comments
  1. Reply
    none
    April 29, 2011 at 10:49 pm

    The dems DO want regulation. Have you not be paying attention since 30 years ago?

  2. Reply
    Terran
    April 29, 2011 at 11:09 pm

    Regulations may reduce the number of recessions, but they also reduce the amount of economic growth. I’d rather have lots of economic growth with a few periods of pain than no economic growth at all.

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