Dave wrote:
.... I probably come down
on the side of regulation on this one. I don't see Granny being able to
resist those high rates an uninsured institution would offer, and I'm not
sure I want Granny left destitute when one of them fails.

That's Granny's problem, isn't it? The big problem with you Bush-Cheney
cheerleaders... you think you're conservative but you don't have any
courage in your convictions.

Frankly I'm not enthusiastic about bank deregulation either, with the
exception of a few provisions I'd like to see dropped. I like the Fed,
too. We pay the price for stability & safety by having steady background
inflation, but that's preferable IMHO to the cyclic booms & busts of
earlier times... and the possibility of your money evaporating suddenly...

Regards
Doug "Shinplasters? No Thanks" King