Never mind the bullshit propaganda and lies put forth by the politicians.....
(Can you say: Barney Frank? Sure, I knew you could.)
....and their trained parrots in the mainstream media.
The current financial meltdown wasn't the result of a lack of sufficient regulation.....
(the US has what may very well be the most heavily regulated financial system on the planet)
.... and/or a failure of the free market economy.
(Which, incidently, hasn't existed in this country since the 19th century.)
Well then, what really caused the financial meltdown?
Robert Stewart gives a short, sweet, and logical analysis of what really happened over at the Ludwig von Mises Institute website.