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Hey, Barney Honest: The us government Performed Result in the Houses Crisis

A member of the fresh new Economic crisis Query Payment reacts to our interviews which have Barney Frank, arguing that without the government's intervention, there would be no housing drama

To your December nine, The fresh Atlantic wrote online a job interview which have Congressman Barney Honest. On it, he called me personally a good "genuine extremist." It name-getting in touch with was not only not true in addition to inappropriate on the seriousness of your thing -- that is if regulators houses rules, and never banking institutions or even the individual market, was the cause of 2008 overall economy. I thought i'd address both Congressman Frank's comments and the issues he had been inquired about government homes coverage and monetary drama.