So while economists like Paul Krugman warned that serious consequences would be felt if nothing was done to constrain the insanity of the housing bubble, Congress went blithely along, ignoring all the warning signs and doing nothing. Nothing but cashing in on sweetheart deals of their own, while the economy went down the toilet and impoverished millions of Americans.
Countrywide Influenced Congress with Sweetheart Loans Before Crash | Crooks and Liars
Any one think that this may have a bit to do with why the GOP wants desperately to defund the reform?
