> Cam wrote: > Bue Horseshoe loves Anacot Steel > Now you're changing the subject on me. That always seems to happen when an Iraq supporter is asked to recite the mission ... but anyway ....
Here's my take: The financialization of the economy started in the 70s. Deregulation and the "chicago school" have ruled ever since, supported by Democrats and Republicans alike. Myself included, I might add. I'm embarrassed to say, I'm changing my tune. In fact, I'm going to have to admit that Dana - who won't see this so I feel less chagrined - was right about a few things. I've always followed that great "well regulated" market school, but I've always favored de-regulation of the economy. Well, that's a fuck up. The airlines is a great example of where it works. And a harbinger of how it will work with health care. But the more macro things, like banking, cannot be unregulated. it's as simple as that. Wall Street created the mess we're in (with mortgages) and the government let them do it. Now the taxpayer is going to have to bail out the banks. What a cock up. Time for some serious regulation of BOTH banking systems AND Wall Street. Take Phil Gramm and his wife. They created Enron! And he *was* John McCain's TOP Financial adviser. Gives you a little preview of how much McCain knows. He really is Bush II. Not so much because of his policies, but because he shares Bush's talent to majorly fuck up and then do the right thing after it doesn't matter any more. I think for President we should pick someone who gets it right the first time. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:264214 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
