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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (271057)7/7/2002 10:07:23 PM
From: Raymond Duray  Respond to of 769670
 
DE-REGULATION: EUPHEMISM FOR ENDING THE RULE OF LAW

Chris,

We had a very useful set of laws on the book in 1980. The Republicans have been beavering away frantically ever since then to chop down all the statutes that were created over decades in response to previous frauds. Now we're witnessing the eager beaver dam of deregulation giving way like the floods in central Texas, flushing vast amounts of wealth away as it goes out to sea.

Cf. Rich lost $2.6trillion in financial markets in '01

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