Suppose you saw a building on fire. Would you seek counsel from
the arsonist who set it ablaze for advice on how to put it out? You say,
"Williams, you'd have to be a lunatic to do that!" But that's precisely
what we've done: turned to the people who created our fiscal crisis to fix
it. I have never read a better account of our doing just that than in John
A. Allison's new book, "The Financial Crisis and the Free Market Cure."
Allison is the former CEO of Branch Banking and Trust, the nation's 10th largest bank. He assembles evidence that shows that our financial crisis, followed by the Great Recession, was caused by Congress, the Federal Reserve, Freddie Mac and Fannie Mae and was helped along by the Bill Clinton, George W. Bush and Barack Obama White Houses.
Read more: http://townhall.com/columnists/walterewilliams/2012/12/12/our_governmentcreated_financial_crisis/page/full/
Allison is the former CEO of Branch Banking and Trust, the nation's 10th largest bank. He assembles evidence that shows that our financial crisis, followed by the Great Recession, was caused by Congress, the Federal Reserve, Freddie Mac and Fannie Mae and was helped along by the Bill Clinton, George W. Bush and Barack Obama White Houses.
Read more: http://townhall.com/columnists/walterewilliams/2012/12/12/our_governmentcreated_financial_crisis/page/full/
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