Hillary Clinton has always been to Obama's left on economics

[Springslips]

99. The real answer...

First lets deep-six the word 'cause' as it is too loaded, there is more than one cause, plus we don't know which ones were sufficient or which ones were necessary. Glass-Steagall's repeal was certainly a factor. How? Because the big banks that had investment arms can enter the markets using leverage ratios that outstripped what they were historically; this money fed the shaddow banking system, which hedged packaged mortgages, which liquidated the real estate market and help cause the bubble. ( as well as trade def. money escaping the Russian Bond default, Fed policies following the dot com bubble and 9/11, ect.)

Now the Post article's argument hedges itself by poo-pooing the idea it "caused" the meltdown. They are right, it is an overstatement to say it "caused"; but, Glass-Steagall or similar regulation is needed before over-leveraging Fed money factors in another meltdown.

OT: the use of Conspiracy Theorist in the above is a strawman: Glass-Steagall is an interpretation not a theory of conpiracy. ( I hate fallacies!)