Re: OT: Bernie Madoff
- From: "AllYou!" <idaman@xxxxxxxxxxxxxx>
- Date: Wed, 1 Jul 2009 09:17:22 -0400
In news:terk45hbipnfs7gomr3dc7pd10tn0jgh0u@xxxxxxx,
11@xxxxxxxxxx <11@xxxxxxxxxx> mused:
On Mon, 29 Jun 2009 15:04:32 -0700 (PDT), CalC
<calcarpenter1@xxxxxxxxx> wrote:
On Jun 29, 3:11 pm, 1...@xxxxxxxxxx wrote:
Now that Bernie Madoff has been sentenced to 150 years
in the slammer every voter who voted for that fraud Reagan
should be joining him. After all it was Reagan's
deregulation that allowed Bernie to steal Billions of
dollars.
Yeah nothing good has come of deregulation................dope.
I double dare you to name one good thing that has come of
deregulation.
It's been a collasal failure.
The idea that deregulation is some sort of ideological philosophy is
nonsense. The real issue is how much regulation is enough, and how
much is too much. From that standpoint, whether regulations were
enacted which were then repealed (i.e., deregulation), or whether
there was an absence of regulation to begin with is irrelevant and
moot.
But here's a couple of challenges for you along the lines of what
you can understand. Which regulations were repealed that allowed
the Madoff scandal to happen? Prove that additional regulations
would've prevented it?
.
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