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abc Q and A program

Reader comment on item: Islam, Israel and Insurgents

Submitted by mike james (Australia), Aug 23, 2011 at 03:48

Saw you on the Australian ABC Q and A tv program last night. To suggest that the sub prime mortgage fiasco could have been avoided with LESS government financial regulation rather than with more regulation really defies belief. ... I would be interested in your explanation as to what the outcome would have been if your suggestion had been in place. Regards Mike James


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Daniel Pipes replies:

As I understand it, the sub-prime mortgage crisis was precipitated by policies of the Clinton administration.

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