Comments on: Ian Williams: With an almighty boom, neo-liberalism goes bust http://www.tribunemagazine.co.uk/2008/09/29/ian-williams-with-an-almighty-boom-neo-liberalism-goes-bust/ News, features and comment from Britain's left-wing magazine Mon, 15 Mar 2010 07:32:24 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: bee http://www.tribunemagazine.co.uk/2008/09/29/ian-williams-with-an-almighty-boom-neo-liberalism-goes-bust/comment-page-1/#comment-5436 bee Sun, 12 Oct 2008 16:25:06 +0000 http://www.tribunemagazine.co.uk/2008/09/29/ian-williams-with-an-almighty-boom-neo-liberalism-goes-bust/#comment-5436 My friend you spot ideology but spare yourself from the facts. It was NOT market deregulation that caused this problem. It was government regulation that created a market for subprime loans that could be securitized. It was government that created this disaster by enabling people to profit selling and trading something the market would NOT do without Congressional mandate. In sum you are completely wrong and need to read about what is happening and why. Please put aside your small ideological conceptions and welcome reality. My friend you spot ideology but spare yourself from the facts. It was NOT market deregulation that caused this problem. It was government regulation that created a market for subprime loans that could be securitized. It was government that created this disaster by enabling people to profit selling and trading something the market would NOT do without Congressional mandate.

In sum you are completely wrong and need to read about what is happening and why. Please put aside your small ideological conceptions and welcome reality.

]]>