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Olli Rehn foggy on cause of subprime debt
Date 11/01/2010 21:13  Author webmaster  Hits 1784  Language Global

• UKIP MEP Godfrey Bloom questions commissioner-designate Olli Rehn over the Community Reinvestment Act - "a poor piece of social engineering... which suspended the natural due diligence criteria for basic banking... a political decision caused and aided and abetted by the central banks."

Asked whether he was going to learn from the financial crisis created by politicians and central banks, the would-be Commissioner did not seem to have a clue.

VIDEO

www.ukip.org

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