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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (563539)	4/28/2010 1:47:52 PM
From: combjelly	Read Replies (1) \| Respond to of 1575269

"1 - They where not left alone." The repeal of Glass-Steagall resulted in there being no regulations on the derivatives market. That is about as left alone as you can get. And they still aren't regulated to any extent. "2 - Government involvement generally hasn't made them better, and in fact was an important contributor to the problems in the first place." Nonsense, Tim. The regulation after the Great Depression broke the boom/bust cycle that got well established during the 1800s. That is history. When we started rolling back said legislation, we started to get similar cycles again. A rational person would realize that government involvement does make some things better. Now, how was government an important contributor?