Reinventing financial regulation

http://www.washingtonpost.com/wp-dyn/content/graphic/2010/05/20/GR2010052004992.html

I’m glad to see a return to some degree of sanity.

How many more times will we fall for the lies and deceptions of so-called free markets and deregulation before we learn the lesson?

Eff the Gramm-Leach-Bliley act and all the harm it and Randians everywhere have done to our great country, our economy and our once great society. How much more proof do we ordinary citizens need that the people with money and power can never, ever, ever be trusted to do what’s right for anyone but themselves?

Markets only work for everyone when there are some rules that enforce fairness and honesty.

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