Spilling Over the Banks (my thoughts)

[Paranoid Pessimist]

For more than thirty years, for the entirety of my
adult life, I have been listening to so-called
conservatives tout the wonders of "deregulation,"
which it has been said would release the mighty engine
of commerce from socialistic constraints and produce a
rising tide that would raise all boats, to the benefit
of everyone. Now that rising tide is about to swamp
us all, and this administration -- of all people -- is
saying that some regulation of some aspects of the
financial services industries, some "constructive
reform," just might be unfortunately necessary. They
are referring to their proposals as "comprehensive,"
though they are hardly that.

Continued . . .

http://www.paranoidpessimist.blogspot.com/

[JDPriestly]

1. Kicked and recommended.