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Old 04-12-2009, 12:29 PM   #4
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by Redux View Post
A case could be made that if not for the deregulation of banking/financial services by Reagan/Clinton/Bush....perhaps we would not be in this mess where even more stringent short term measures were deemed by many to be needed to right the ship.and those additional deficits avoided.
Certainly.

Quote:
And government regulation still does not equal government control.
It depends. When the government has the power to dismiss a major US car maker and it controls a major portion of our banking, insurance, and credit market, I would disagree.
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