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)  | Comments [0] | US#
Search
On this page....
More on Rubio's "government policies did this" distortion
Countdowns
The Daily Parker +3080d 12h 49m
To San Francisco 33d 10h 55m
Parker's 8th birthday 56d 00h 25m
My next birthday 136d 22h 42m
Categories
Aviation (300) Baseball (100) Best Bars (4) Biking (42) Chicago (827) Cubs (179) Duke (131) Geography (300) Higher Ground (5) Jokes (282) Kitchen Sink (579) London (32) Parker (180) Daily (204) Photography (134) Politics (302) US (1015) World (223) Raleigh (20) Readings (8) Religion (61) San Francisco (77) Software (185) Blogs (67) Business (203) Cloud (79) Cool links (123) Security (94) Travel (140) Weather (653) Astronomy (72) Windows Azure (46) Work (26) Writing (7)
Links
Archive
<April 2014>
SunMonTueWedThuFriSat
303112345
6789101112
13141516171819
20212223242526
27282930123
45678910
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: 4265
This Year: 163
This Month: 28
This Week: 1
Comments: 0