Common Man's Guide to the Subprime Mortgage Debacle

From the DC underground:

This(Subprime_debaucle.pps)is what happens when you get rid of most government regulations and you let the rest of your government regulators retire without replacing them. No one is watching the store. Isn't lasse faire capitalism wonderful. Wait a minute, we tried that back around the end of the eighteenth century and the early twentieth century and we got screwed. It fostered the invention of communism, fascism and general class warfare. Reagan and the Republicans apparently were asleep in HS and college history class.