Chapter 6 of that book is an excellent historical account of the TRUE story about one of the main causes of the 2007 housing crisis which caused the relatively deep recession and resulting in one of the slowest recoveries this nation has ever known. The media would have you believe that we are in this mess because Republicans 'deregulated' the housing mortgage industry, when in fact the exact opposite is true. The truth is that from at least 2001 until 2006, many Republican's were begging for MORE regulation on the housing market, especially the sub-prime mortgage securities that were metastasizing out of control. But powerful Dems blocked them at every turn.
You can read the who story in this excerpt PDF document from the book "Duped America":
Chapter 6 of "Duped America"
Read it, and learn a powerful lesson from recent history, and then draw your own conclusions based on facts, not spin...