
You must be very young not to know history accurately
. Like Fannie Mae. It was fine up until GHWBush and Bill Clinton, and their Congresses
, which passed legislatio
n pressuring Fannie and Freddie to make risky loans.
The SEC is another department that worked great until corporatio
ns gamed our government to grant them license to steal, and feed their greed.
The IMF didn't actually come into being until after FDR died. The world's economy (as was civlizatio
n) was a disaster after World War II ended -- That anything got decided at the Bretton Woods conference is something of a miracle.
Read the Article at HuffingtonPost
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