Investors.com - How Little Law From '70s Brought The Financial System To Its Knees

Investors.com - How Little Law From '70s Brought The Financial System To Its Knees

Let's see...who was the President in 1977? Oh, that's right! Jimmy Carter, a Democrat was the President of the United States when this little law came into being thanks to a Democratic-controlled Congress. And just look at what the unintended consequences of the law are: A recession about as bad as the one Jimmy Carter left us with.

And now we have a Carter wannabe with another Democratic-controlled Congress. What little gift are they going to give us this time? ObamaCare! Guaranteed to break the bank by 2020!

You'd think we'd learn.