Tornado Alley (PROG)

[blackhawks]

Most of what you describe happened under GOP presidents bent on regulation rollback and allowing lax oversight; that shit is in their DNA and I HAVE studied it.

IF the Great Recession rolled out at the end of a Dem presidency you would not be engaging in false equivalencies, but then THAT is apparently in your DNA.

How do you mean it's not the same? You should also study the topic a bit more. If you did , you would understand that bank deposits were never raised in order to fulfill lending obligations. They in turn just originated mortgages and shipped them out. Then they used all the mortgage cash payments and put them into CDO's and MBS's.

The lack of oversight from the Federal reserve was the main contributing factor...be it the Comptroller(Department of the Treasury)..all lading to the enablement of the rescission. CDO's started with Junk Bonds in the late 80's and all that shit thrived through the 90's until it collapsed circa 2007.