The government financial crisis is still there

“She, like many hard-left Democrats, clings to the false narrative that insufficient regulation, greed and risky private-sector behavior caused the crisis and that Washington should continue to prop up the housing market. … The views Mrs. Waters held a decade ago and still holds are what caused the financial crisis and will cause another one.”

“The state setting credit standards and owning the risk is political rather than market discipline, for which we all pay the price.”

GROVER: Solving the financial crisis by causing another

Sticking obstinately to a fantasy despite results is a crisis and, it appears, it is not going away soon.

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