You may not realize it, but you helped pay for a $10 million, fourteen-month government “investigation” of the housing collapse. Only your $10 million didn’t buy much, and it certainly didn’t buy truth; any hope of that went out the window on day one.
The congressionally appointed panel―made up primarily of anti-market, historic revisionists―managed to shift the blame away from Washington and onto mortgage lenders and “greedy” Wall Street executives, while protecting the real culprits at the core of the crisis: POLITICIANS LIKE THEMSELVES.
It’s not about Democrat or Republican, left or right, black or white. It’s about the usual suspects―money and power and the people who use government to manipulate them for private advantage.
The Great American Bank Robbery maps out in detail exactly how Washington social engineers and their accomplices reshaped banking regulations and housing policies and gutted time-tested underwriting standards that led to the worst financial calamity since the 1930s, one that has robbed American households of $14 trillion in net worth.
And they’re not done yet . . .
About the Author
Paul Sperry is an investigative journalist and Hoover Institution media fellow. His articles have appeared in the New York Post, Investor’s Business Daily, and The Wall Street Journal. Paul Sperry makes regular appearances on Fox News and other national media outlets.