On Sat, Nov 8, 2008 at 8:56 AM, Dan M <[EMAIL PROTECTED]> wrote: > free market would solve everything) loosened the regulations on S&Ls as much > as possible,
ROTFLMAO! As much as possible. Hahahaha! > was the reason that the government had to > spend so much money. Had to spend? No, foolishly spent due to poor underwriting. Clearly the government had not charged enough for the insurance. The government is exceedingly bad at that sort of thing. > If you are allowed to cook the books, (like companies > did when Reagan told them it was OK to raid the pension funds of their > employees using funny math to justify the theft), Another example of fine government regulation! I see why you have such faith in government control. > It appears to me that this is only logical > if one assumes a priori that government regulation is bad (as happened in > the 80s) and then immunize one's arguments from virtually any empirical > falsification by appeal to complications. LOL! You're hilarious. Yes, assuming that government regulation is good and will save us has never been falsified, since we had that stretch of 10 years when government regulation prevented all crises, yes, that was in, uh, wait, when was that again? _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
