Sunday, October 11, 2009

"Adding More Bureaucrats Won't Solve the Problem"

I explain to a CNBC audience that government mistakes largely caused the financial crisis and that more government is not the answer. My debating opponent, Christian Weller, makes a jaw-dropping argument that Fannie Mae and Freddie Mac were not a problem, which is somewhat akin to saying Hitler had nothing to do with World War II.

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