NEW Obama v McCain on Economy Protections in Walden University Presidential Youth Debate Q1/14

Young people across the country are very worried about the financial crisis. They need to get student loans for school and find jobs after graduation. This Wall Street crisis and bailout happened largely because of a breakdown in oversight, so will you support an independent, government-created agency led by consumers that will protect the public and shareholders to prevent something like this from ever happening again? What additional protections would you propose?
— Rich Williams, 23, of D.C., Co-Moderator of the Walden University Presidential Youth Debate, and Higher Education Advocate, U.S. PIRG

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[vdubs4life1964]

This happened because the free market does not exist. If it did, we would not have a fed to just PRINT THE MONEY. Finance companies would not have taken the CHANCES with people with BAD CREDIT. Once oversight was taken off the table, the housing market exploded. Home values skyrocketed because ever one was getting approved. Then mass foreclosures and then bailouts which both these guys voted for. Home values NEED to come down!....I just love Republicrats.. Vote third party, for the Constitution

[tooosweeet]

Interesting how Obama steers away from the government organization for oversight. He knows to avoid it because he opposed and ridiculed a plan for an additional oversight group for fannie and freddie mac - a bill which was cosponsored by McCain. Meanwhile, he was receiving more money than anyone else from FF except one other key person. Oops. What a slimy joke he is, watch him talk around the issue.