So if we have a repeat of the banking crisis, whose fault will it be?
The entire nation has known about (some of) the problems for years. Have they been fixed with this new reform bill? Whose job was it to fix them? Is anyone responsible for making sure the banks don't do this again?
I generally agree, but it's becoming clear that if we want real reform, Americans are going to have to demand specifics. Who is proposing and who is opposing common-sense reform?
Nope not nearly enough, our government, regulatory agencies and those who wrote the legislation but without the proper laws/regulations that isn't possible.
11. Max Keiser expects the banks might, I repeat might, come back
for more money this fall before the election. He says the banks have still not acknowledged all of their bad debt, that it's easiest for them to push Congress (he used tougher words) right before elections.
Lots of people expect a double-dip recession. I know a couple of people who are waiting to be told by their bank whether their request for refinancing will go through.
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