What Is The Boehner Talking About Now?

Orange smoke monster John Boehner tells CNN this: "BOEHNER: Wolf, you have to understand, there was no deregulation of anything in the financial services industries. As a matter of fact, there was an increase in regulation." Then! "What happened in all of this is that some people got creative in terms of how they could create new products -- new products at different parts of the company -- that were in the unregulated part of the company that caused this infection of our entire financial system." Yes, and how do certain parts of the company become "unregulated?" [RealClearPolitics, Washington Monthly]

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