Dean Campbell Publishes Article on Financial Crisis
January 4, 2012
Dean Tom Campbell has published an article entitled, “What is Going on with Our Economy?” In the article, Dean Campbell argues that the financial crisis was caused by two factors. The first “had its origin in the easy money policy of the Federal Reserve, during the administrations of both President Clinton and President Bush”; the second was the influence of federal government, under both parties, and through both Congress and the President, to increase home ownership regardless of whether individuals were financially capable of carrying the mortgage. In addition, Dean Campbell considers two possible solutions for the problem, including an overlooked alternative that involved restoring the Glass-Steagall protections against federally insured commercial banks being affiliated with investment banks. Read Dean Campbell’s article in full.