> Market fears regulation
Some smart regulation would have prevented this mess. The problem is that the business was deregulated, but the safety nets were left in place, thereby insuring that greedy sons of b!tches could gamble with taxpayer money and not have to assume any risk.
I hope that the SOBs who bankrupted their companies gambing on the taxpayer’s dime get stripped of every cent they own before taking a dime of mine. But that won’t happen, because these people own the government (GOP **and** Dims, a pox on both their pocket-picking houses)
The problem with deregulation, IMO, is that while it does unleashes innovation and enterprise, it also unleashes crooks.
But then Obama wouldn't have any campaign finances.