Unforeseen? The regulations that they removed were the ones put into place after the Great Depression. They were aimed at stopping cheap credit and credit on capital investment. Sound familiar?So? I don't see how an unforseen consequence makes them liable. Who SHOULD be help liable are the credit rating agencies. "OMG WE RAIT UR PAPER TO A+++++++++++++++++++ FAST SHIPPER"
Edit : that isn't to say stupid people who took out mortgages they couldn't afford or rating agencies shouldn't share in the blame. I'm just saying a certain set of Repubican's actions should not be qualified as unforeseen consequences.
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