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On Sun, 31 Jan 2010 08:00:59 -0500, bpuharic wrote:

... and Geithner was his right hand man as President of the New York
Federal Reserve Bank. Summers was pushing the deregulation in
1999-2000 along with Rubin and Greenie. Greenspan is the only one who
admits it was a mistake. The rest are staying the course.



no question that the free market fundamentalist religion has been
driving the US economy since reagan. now, finally, even geither has
seen that it was all smoke and mirrors

NOW if only the GOP will see the same and quit preaching that
unregulated free markets make the rich richer so it's good for the
middle class


In all fairness, the Reagan deregulation was not the problem. It was
when the Bush/Clinton/Bust free marketeers took over that they really
stripped away any similance of a fair market (free doesn't have to
mean unfair)
They have tipped the scales so a few rich people run the world but
that idea was originally advanced by what the left called "wingnuts".
Remember when you were ridiculing those people who warned you about
the Bilderburgers and other secret societies? Well they are the
bankers who raped the country. Just look at the names that pop up
when you investigate these groups. I have never bought into the whole
conspiracy theory but there is a thread of truth in it..



What?? Reagan's deregulation was the problem... banks, airlines, media,
healthcare industry, etc.


--
Nom=de=Plume


 
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