Giff 
Member since Apr 21, 2010


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Re: “Deregulation led to current bank collapse

Now it's 2010, and with the sins of Goldman Sachs and others not yet identified by the S.E.C. Made public, these excuses for the 2000 de-regulation policies of Phil Graham seem naïve in the light of day.

It seems to me Mr Smith was correct in his analysis way back in 2008 of what "almost" destroyed the US economy.

BTW, taxes in 2010 were reduced, not increased as Brad feared they would be in post in 2008. The belief that the "free enterprise" economy would regulate itself proved unwise and untrue.

Let us (and I mean that to include Elephants, Donkeys and Independents) stop rogue Banks and Wall Street from threatening to collapse the US economy so this "almost depression" can never happen again.

3 of 4 people like this.
Posted by Giff on April 21, 2010 at 11:54 PM
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