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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (173287)	10/8/2011 12:55:26 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 542182

<<<But then, Bush was elected, and installed "regulators" from the industries regulated with instructions to grease the skids, enable, work for the regulated, and if they couldn't do those things, sit on their thumbs. >>> It was not that subtle. Christopher Cox at the SEC, just as an example, just decided not to enforce ANY REGULATION. That is how Bernie Madoff and other scamers got away with their simple little schemes. Anyone could have spent half a day looking at Madoff books would have been able to expose that simple scam. Just because you have regulations does not mean that it has to be enforced.

To: bentway who wrote (173287)	10/9/2011 7:42:00 AM
From: MoneyPenny	Read Replies (3) \| Respond to of 542182

I had a friend in Texas, who has since died, who was very wealthy from oil royalties. He never worked and his parents also. When Bush became president, he told me that we would now see a new republic: By Haliburton and for Haliburton. (he felt Cheney was the devil) The most interesting program I've seen in a long time is running on PBS. Ken Burns new series: Prohibition. pbs.org "PROHIBITION is a three-part, five-and-a-half-hour documentary film series directed by Ken Burns and Lynn Novick that tells the story of the rise, rule, and fall of the Eighteenth Amendment to the U.S. Constitution and the entire era it encompassed. Prohibition was intended to improve, even to ennoble, the lives of all Americans, to protect individuals, families, and society at large from the devastating effects of alcohol abuse. But the enshrining of a faith-driven moral code in the Constitution paradoxically caused millions of Americans to rethink their definition of morality." It is most instructive politically. Certainly shows the lessons of unintended consequences. Happy to find this board which more aligns with my thoughts and inclinations. MoneyPenny