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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (472303)4/15/2009 8:36:22 PM
From: Tenchusatsu  Read Replies (1) of 1576814
 
CJ, > The lax regulation that Reagan championed led to financial institutions to take greater and greater risks.

Really? All because of "lax regulation"?

You haven't pointed to one regulation that was "relaxed" or "cut" that would have otherwise prevented the meltdown. Not one. Just a generalization on your part.

As long as you can pretend that ideal regulation is possible if we keep trying ...

Tenchusatsu
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