Assistant: Trump Destroyer may adjust us for the rules to 2008 crisis
“Big Short” that the bank’s development and mortgage has created a lot of bad attitude but especially made by fan ma and freddie mic.
These two government buildings and state-funded companies Effectively motivated to redemption with taxpayers. This adjusted dangerous actions of lending that damage the housing bubbles, causing the economic consequences at the end.
Another critical factor in the fall of the fall was the law of re-reintegration of the community. This federal law was to fight discrimination of discrimination but Instead of making significant market analysis With debtors to loans with loans to the loans to loans that probably considered a very risky. In front of the regulations, banks significantly expanded standards – then home-building ability – creates the residence.
After the bulbb bar, fancy and freddy was put under a trifting wallet by the federal housing financial institution. The social ethnic regulations protect the prevention of prevention and protection of future taxpayers from future taxpayers.
Now, the President Trump is set to be appropriate to lead the agency, Another Plus, considering the ending of these tours Without targeting the original structural imperfect, it is a problem in the first place: the subordinate government guarantees all the fan and fredy grog. If submitted to taxpayers on the main road, taxpayers in the main road are likely to appear to significant financial risks because they are forced to subsidiary financial risks for Wall Street.
Without real reform, encouragement and actions that caused the crisis, not change.
The pulse suggestion may open the free market policies. Instead, it can be carefully looking for a significant level in favor of a significant level in Fanie and Fredy, so allowing them to take advantage of potential with taxpayers.
Meaningful solution requires significant strength of their investment deposits. Two government-funding companies are still dangerously dangerously. a Report from JP Morgan Chore It explains on this way: “In addition to constant growth [their net worth]Gazes are low in the minimum requirements of the minimum regulatory center framework for the Federal Housing Financial Association in 2020. “Strong investment encourages similar to those who manage private banks that improve internal institutions and accountability to their risks.
Other reforms have to identify transparency and supervision. The criteria of disclosure criteria will allow investors, organizers and people to improve good evaluation. In addition, the limiting chicken species should be guaranteed to ensure highly dangerous loans, protect taxpayers. The implementation of clear rules that prevent assistance to special financial products will reduce the potential of the market analysis from Ferry and Freddy.
Critical, the federal government should notice that the future invalid options are not. Revealed the state guarantee the state guarantee will work, freestyle and fredding will lead to the fact that unsatisfactory will lead to their disorder, not another taxpayer. The state support from the government support is legal separately to avoid moral risks.
State guarantees, immediate pressure combination, such as community resettlement law and the unrestroll of the capital, a proper storm. Considering these lessons to take into account the repeating past erosion will cause similar disaster.
Offers the release of the ferry and fredy release of the time before the time that the market conditions were changed and corrected the management of the risk management. So far, history is frequently, without a frequent changes that marketing with the state of the state when participants are the consequences of their decisions.
Finally, the only responsible attitude is completely removing taxpayers from equation. Fan Baby and Fready Mac must only take part in the mortgage market like a mortgage, unless the possible state guarantees.
American people do not need “large short” conditions. The painful lessons of 2008 are very much and are very hard to be ignored or forgotten. Market Discipline, Financial Responsibility and Prosperity – Don’t Support Government Support – Our attitude is guided to proceed. We can only expect that the truck agency has chosen financial responsibility for dangerous experiences that have already showed the end in the disaster.
Veriorosic block George Mason University is a senior mosque center at the mercenary center at Chiper Mason University. This article was produced in coordinating with manufacturers.
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