Regulation To Be HIP, Again!!!!!!!!!!!

[Mr. Shaman]

Let's hope it's the same for "conservative" PERP-WALKS!!!!!​

"William Seidman, the longtime GOP economic advisor who oversaw the S&L bailout in 1991, cuts to the chase: "This administration made decisions that allowed the free market to operate as a barroom brawl instead of a prize fight. To make the market work well, you have to have a lot of rules."



Even Alan Greenspan, whose owl-eyed visage would adorn a Mount Rushmore of unregulated capitalists, has begun to see the light, telling a House committee in October that he "made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms."​

 

[BigRob]

Let's hope it's the same for "conservative" PERP-WALKS!!!!!​

Capitalism has never been "unregulated" in the United States. The market before the collapse was heavily regulated, and post collapse will be regulated even more.

 

[Mr. Shaman]

Capitalism has never been "unregulated" in the United States. The market before the collapse was heavily regulated, and post collapse will be regulated even more.

You're preference (of course) is more pro-corporate; more a benefit to the 1%ers' bottom-line. In that sense, you're probably right.

"As R. Jeffrey Smith and Juliet Eilperin wrote recently in the Washington Post, "In a burst of activity meant to leave a lasting stamp on the federal government, the Bush White House in the past month has approved 61 new regulations on environmental, security, social and commercial matters that by its own estimate will have an economic impact exceeding $1.9 billion annually."

These so-called "midnight regulations" are free of Congressional oversight and will be completely legal once Bush signs off on them. They'll allow factories to pollute more, let food manufacturers hide their toxins more easily, gives states the chance to restrict women's access to abortion services and force municipalities to cut off aid to needy families in the middle of a recession."​

 

[Fallschirmjager]

I find it to be so amusing that so many of the "less intellectual" among the population fail to understand that it was the Democrats that really created this mess to begin with, starting with FDR, and then Johnson, Carter, and Clinton, and now they expect them to fix it. That's REALLY funny.

Clinton himself even admitted that it was policies during his administration that led to the current crisis, but where are all of the calls for him to be held accountable? Oh, that's right, he's a Democrat, so of course the partisan political hacks on the left would never say anything against him!

 

[BigRob]

You're preference (of course) is more pro-corporate; more a benefit to the 1%ers' bottom-line. In that sense, you're probably right.

Your quote simply backs up my assertion that there never was a "free market" to begin with.

 

[Mr. Shaman]

I find it to be so amusing that so many of the "less intellectual" among the population fail to understand that it was the Democrats that really created this mess to begin with, starting with FDR, and then Johnson, Carter, and Clinton, and now they expect them to fix it. That's REALLY funny.

No....what's REALLY funny is how WRONG Republicans have (typically) been!!

"The deficit four years from today will be higher than it is today, not lower." — Sen. Phil Gramm (Republican, Texas; McCain economic-advisor)

.....And, that's why Republicans did everything they could, to marginalize Clinton. He cleaned-up Daddy Bush's economic-debacle!!

​

"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."​

 

[Mr. Shaman]

Your quote simply backs up my assertion that there never was a "free market" to begin with.

....Except when you've got Daddy's Lil' Dumbya sittin' in the Oval Office, keepin' an eye on things.

​

 

[BigRob]

....Except when you've got Daddy's Lil' Dumbya sittin' in the Oval Office, keepin' an eye on things.

​

Do tell, how would you classify the "Obama Market"?