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Great answer!!!

Sometime during the deregulation craze of the 80s, my dear old mother--a scarred child of the depression was watch the news.  She turned to me and snorted, "Fools! doesn't anyone remember what the economy was like before there were regulation on the banks?"

I have long maintained that the reason regulated economies do better the deregulated ones is that regulations permit the honest businessman to prosper.

"Remember the I35W bridge--who needs terrorists when there are Republicans"

by techno (reply@elegant-technology.com) on Tue Nov 6th, 2007 at 03:23:05 PM EST
[ Parent ]

the reason regulated economies do better the deregulated ones is that regulations permit the honest businessman to prosper.

Yes, yes, yes!!!

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Nov 6th, 2007 at 05:23:40 PM EST
[ Parent ]

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