Deregulation made the prosperity of the 1990s possible. Just ask Bill Clinton. Republicans had many things going against them this election, but the financial market implosion in September proved to be the final blow that sealed their losses, as voters almost always associate the economy with the party in power. And when the credit crisis emerged as the top campaign issue, Sen. Barack Obama (D-Ill.) pounced on his opponent with two basic messages. One was to blame the policies of deregulation that Sen. John McCain (R-Ariz.) voted for. And the second was to hug former rivals Bill and Hillary Clinton...