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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: John Vosilla who wrote (83212)6/29/2007 12:56:21 PM
From: WillieTee  Read Replies (2) of 110194
 
Republican control and lack of oversight or checks and balances everywhere in the real economy for most of this decade----

As I recall, the activities of Enron, Worldcomm, Tyco, Adelphia, et all occurred during the prior decade. They just blew up and were caught in this decade. In fact the checks and balances today are much more stringent than in the 1990's. Of course, bank robbery has been illegal for a long time, but people still rob banks. Republican oversight, or Democrat oversight, has never been the root of our financial problems. The fear of actually losing money will go a long way to correct the current situation.
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