Quote Originally Posted by Warriorbird View Post
Because rather than bail them out we should let our entire financial system collapse. Eh.

If this were your alternate universe I wouldn't have talked about how we needed Glass-Stegall back for years and that the Republican and Democratic Parties both messed up. But yeah.
The Subprime Mortgage crisis is just another example of how our government set out with the best of intentions (getting more people into their own homes) and fucked around with the most basic safeguards (Banks will not give loans to people that can't afford to pay them back) until it created an environment that caused the financial collapse. This wasn't "both" parties as you try to spin it.. this was the Democrat party, plain and simple.