On Sat, 03 Apr 2010 21:33:53 -0400, wrote:

On Sat, 3 Apr 2010 18:04:29 -0700, "nom=de=plume"
wrote:

... with the support of Greenspan, Summers, Rubin and Gethner who
worked directly for Clinton..


And, I think it was a major mistake on all their part to remove the regs.
Now we see the result.

Unfortunately I have not seen the current administration trying to fix
the problems either. Elizabeth Warren was on TV the other day saying
we are not going to see any effective legislation as long as the bank
lobbyists are outnumbering congress about 5 to one and they show up
with buckets of bribe money.

and the far right continues its free market fundamentalism, such as
richard shelby asserting that no regulations are necessary and that we
need to cut taxes on the rich.

neither policy works.

"bpuharic" wrote in message
...
On Sat, 03 Apr 2010 21:33:53 -0400, wrote:

On Sat, 3 Apr 2010 18:04:29 -0700, "nom=de=plume"
wrote:

... with the support of Greenspan, Summers, Rubin and Gethner who
worked directly for Clinton..


And, I think it was a major mistake on all their part to remove the regs.
Now we see the result.

Unfortunately I have not seen the current administration trying to fix
the problems either. Elizabeth Warren was on TV the other day saying
we are not going to see any effective legislation as long as the bank
lobbyists are outnumbering congress about 5 to one and they show up
with buckets of bribe money.

and the far right continues its free market fundamentalism, such as
richard shelby asserting that no regulations are necessary and that we
need to cut taxes on the rich.

neither policy works.



There's a long history of philosophical dogma about free market
fundamentalism in the US... sad but true. Even when it's shown not to work,
they claim it would if we would just give it another try. Puzzling.

--
Nom=de=Plume

On Sat, 3 Apr 2010 19:37:04 -0700, "nom=de=plume"
wrote:

"bpuharic" wrote in message
.. .


and the far right continues its free market fundamentalism, such as
richard shelby asserting that no regulations are necessary and that we
need to cut taxes on the rich.

neither policy works.



There's a long history of philosophical dogma about free market
fundamentalism in the US... sad but true. Even when it's shown not to work,
they claim it would if we would just give it another try. Puzzling.

it doesn't work. and it's amazing how many americans...the teabaggers
for example, think it does