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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (57895)	1/21/2009 6:48:44 PM
From: sea_biscuit	2 Recommendations Read Replies (1) \| Respond to of 224777

"Deregulation" and "laissez faire" have been the mantra since the Reagan days. It has had an unstinted run all along, including the Clinton years, and had been elevated to the status of gospel truth. The results are out there now. Even a monastery needs an abbot. But our corporations said they were better than celibates. And our governments listened. The result is the total mess that we are in now.

To: TimF who wrote (57895)	1/21/2009 7:08:37 PM
From: sea_biscuit	1 Recommendation Read Replies (2) \| Respond to of 224777

This news item should tell you how wonderful the regulatory mechanism has been in recent decades : "The SEC has launched its own internal investigation into how Madoff's alleged actions were able to continue unchecked for at least 10 years." That would sound like "complete lack of regulation" to most people except crooks and right-wing apologists.