Wall Street crisis is culmination of 28 years of deregulation
September 16th, 2008 by Sonny
From Regan through Bush I, Clinton and Bush II we have persued a national policy of unfettering the financial market from the “evil” that is regualtion. I suppose the best way to prove someone a fool is to give them their way, but at what cost here? now we have a clear choice between two contenders. One wants to do exactly the same thing, only crazier. The other would like to return to sensible regualtion. I suppose if you’re the chariman of a investment bank the first one sounds like a good idea, but for everyone else it’s in your interests to vote Obama.
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