True Causes of the Financial Crisis of 2008

Submitted by david.reagan on Mon, 06/20/2011 - 16:30

I've heard parts of what is in this article, The True Story of the Financial Crisis, before. But seldom from a source that had the qualifications of Peter J. Wallison.

The two takeaways:

  1. Leftist ideology caused the financial meltdown.
  2. The people who were supposed to figure out why the meltdown happened covered up the true reasons because they did not fit their ideology.

So, remember this article as you vote in elections.