Nov 30, 2008 ... Obama's side: "Let's, first of all, understand that the biggest problem in this whole  process was the deregulation of the financial system. Sen. McCain, as recently as  March, bragged about the fact that he is a deregulator." In reality, the crisis was  caused by a "perfect storm" of economic factors with lots of ...
That principle seems to be at work as the nation struggles to discover the causes  of financial crisis now rocking the economy. ... [1] Similarly, presidential candidate  Barack Obama asserted in the second presidential debate that "the biggest  problem in this whole process was the deregulation of the financial system."[2].
Oct 7, 2008 ... Clark: Well, Senators, through this economic crisis, most of the people that I know  have had a difficult time. And through this bailout package, I was ... Let's, first of  all, understand that the biggest problem in this whole process was the  deregulation of the financial system. Sen. McCain, as recently as March, ...
Apr 28, 2016 ... A persistent myth regarding the 2008 financial crisis is that it was caused by  deregulation of financial markets. All such claims are wrong. From an aggregate  perspective, the industry has always been regulated, and there has never been a  substantial reduction in financial regulations in the U.S. during the ...
Nov 19, 2008 ... "The biggest problem in this whole process was the deregulation of the financial  system," Obama said last month. He called the present troubles "a final verdict on  the failed economic policies of the last eight years . . . that essentially said that we  should strip away regulations, consumer protections, let the ...
On the economic crisis, "the biggest problem in this whole process was the deregulation of the financial system."