Mitt Romney. 27 lies in 38 minutes.

[spaceguy]

HappySqurriel said:

spaceguy said:

He used a power that presidents have and stopped enforcing regulation. Presidents do have that power. Basically he let anything go.

Do you have any evidence for this, or just a crazy conspiracy theory?

Oh wait, here is the Bush administration talking about regulation in 2003

exempting investment banks from capital requirements and intervening to over-rule state level anti-predatory lending laws by claiming federal jurisdiction (which just happened to be fine with the quality of Alt-A and subprime loans).

His Administration's passive contribution was allowing the whole danged overheated shadow banking system to continue down its perilous course, and this I think was due to his political belief system (he saw what he wanted to see because it conformed to his ideology to the point that his Administration and he personally called it "The Ownership Society").