Sunday, June 5, 2011

Shocking Ignorance by Republican Marsha Blackburn

At a recent hearing by The House Energy and Commerce Subcommittee on Oversight and Investigations, Ms. Blackburn blamed high unemployment on too much regulation. Maybe she wasn't paying attention or she was too busy to realize that the cause was the lack of regulatory action, instead of too much.  I don't know how anyone with a TV, radio or internet connection could have missed the multiple failures in regulating too little, but somehow Representative Blackburn manged to do just that.  She might appreciate this video of Greenspan admitting a mistake or two: