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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Author: Peaceful Patriot

Proud middle class husband, father, and progressive liberal. Registered Non-Partisan but have much more in common with Democrats than Republicans. Consider Libertarians to be immature and underdeveloped in their understanding of reality. An atheist who doesn't care what you believe so long as you stop pretending the Founding Fathers intended for you to legislatively force your beliefs on everyone else. Laughs out loud in mocking disdain at the abject lunacy of birthers, climate science deniers, and hard core tea partiers. If that offends you, too bad. You're not rational and have no place at the adult table.

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