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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (146121)	11/6/2008 8:57:20 PM
From: geode00	Read Replies (1) \| Respond to of 173976

You are now saying that we do not have too much government regulation? I haven't gone back and looked at all your posts but is that your position? So you are against the bail out? All of it? What do you think the federal government should have done...nothing? What would the financial system look like today with no government intervention of any kind? Is that what you are advocating? Why? No, lack of government oversight helped create the housing bubble. There is a reason why investment banking has gone bye bye. The purpose of regulations is the knowledge that people will not voluntarily follow a list of healthy suggestions for running a restaurant. Having a dirty restaurant is not the same as beating someone to death with a bat. Is that not obvious? You are going off again on irrelevant tangents.