This is one follow on to number 25. It partially explains my stance at number 14.

We remained silent for decades.

We stayed silent when Bushbots, habitually defending GWB from unfounded charges from the Left, harangued anyone who criticized GWB from the Right. And the ruling class kept marching on… Glory, glory, hallelujah….

As laid out in the video Burning Down the House, the SEC, FDIC, FHA, etc., all have “circuit breakers.”

But Congress, through CRA legislation, DEMANDED that banks loosen credit and reduce equity requirements — and then effectively tearing out all “fuses” and replacing them with pennies.

Barney Frank and Chris Dodd shouted down any regulator whose job it was to limit excesses like those disclosed at Fanny and Freddie [insert old video that made the rounds in the summer of 2008].

Then tell me: whose job was it to stand behind his regulator? Don’t beat around the Bush now.

Is Cloward-Piven single sided? Is our ruling class bipartisan? Is the Pope Catholic?