Thursday, June 03, 2010

Dereg

It's a pretty simple concept. When you leave people/corporations (same thing now) to police themselves, they don't. Deregulation is a terrible idea. I'm not for more government oversight, but this is something that used to be/still needs to be part of governmental responsibility.

See: Countrywide, Wall Street, airline industry, Bernie Madoff, BP, etc. etc.

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