"Dave" wrote in message
...
On Tue, 16 Sep 2008 16:38:19 -0700, "Capt. JG"
said:

Yep, this was good ole market forces at work. This is *why* we need more
regulation.

I deal with bank regulators, both federal and State, all the time, Jon.
Believe me, you don't want those people running banks any more than they
do
now.


They could not make things worse. The market by itself will correct, but as
we've seen in every situation when that's been tried, horrible consequences.
This, of course, is the neo-con wet-dream.... an unfettered market. They
almost got Pinochet to do it, tried in Poland and Russia, but those pesky
people just wouldn't cut off their noses to spite their faces.

--
"j" ganz @@
www.sailnow.com