Politics, Weather, Photography, and the Dog
Wednesday 13 February 2013

Paul Krugman has a more considered view of Rubio's blame-game:

Look, this is one of the most thoroughly researched topics out there, and every piece of the government-did-it thesis has been refuted; see Mike Konczal for a summary. No, the CRA wasn’t responsible for the epidemic of bad lending; no, Fannie and Freddie didn’t cause the housing bubble; no, the “high-risk” loans of the GSEs weren’t remotely as risky as subprime.

This strikes me as a bigger deal than whether Rubio slurped his water; he and his party are now committed to the belief that their pre-crisis doctrine was perfect, that there are no lessons from the worst financial crisis in three generations except that we should have even less regulation. And given another shot at power, they’ll test that thesis by giving the bankers a chance to do it all over again.

Wednesday 13 February 2013 09:29:46 CST (UTC-06:00)  |  | US#
Search
On this page....
More on Rubio's "government policies did this" distortion
Countdowns
The Daily Parker +3297d 14h 53m
Parker's 9th birthday 203d 22h 21m
My next birthday 285d 02h 26m
Categories
Aviation (342) Baseball (110) Best Bars (7) Biking (44) Chicago (903) Cubs (197) Duke (132) Geography (334) Higher Ground (5) Jokes (283) Kitchen Sink (652) London (54) Parker (191) Daily (204) Photography (144) Politics (303) US (1085) World (253) Raleigh (21) Readings (8) Religion (66) San Francisco (88) Software (203) Blogs (75) Business (226) Cloud (90) Cool links (133) Security (98) Travel (218) Weather (693) Astronomy (86) Windows Azure (59) Work (71) Writing (8)
Links
Archive
<November 2014>
SunMonTueWedThuFriSat
2627282930311
2345678
9101112131415
16171819202122
23242526272829
30123456
Full archive
Blogroll
About
David Braverman and Parker
David Braverman is a software developer in Chicago, and the creator of Weather Now. Parker is the most adorable dog on the planet, 80% of the time.
Legal
All content Copyright ©2014 David Braverman.
Creative Commons License
The Daily Parker by David Braverman is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License, excluding photographs, which may not be republished unless otherwise noted.
Admin Login
Sign In
Blog Stats
Total Posts: 4560
This Year: 458
This Month: 31
This Week: 2
Comments: 0