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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (423752)10/16/2008 3:06:15 PM
From: TimF  Read Replies (2) of 1586198
 
Credit Default Swaps where used in problematic ways but for the most part they where not "phony insurance".

And any possible additional regulation of them would be only a small part of the total of all regulation. If a billion things could be regulated and we regulate half of them, then failing to regulate one to any significant degree, while we add 80,000 new regulations, doesn't amount to "deregulation" or "unregulation".

Beyond that a lot of the regulation we did add contributed to the problem.
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