Quote:
Originally Posted by The Demon
No, I was generally saying what I would rather have. And the problem with oversight is that it leads to more oversight. The second problem is, I don't want the government having oversight of anything involving the private sector.
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Yeah... that is a basic ideological difference between liberals and conservatives... so in that sense we can't agree. The banking debacle is a perfect example of why regulation is needed. If you really take a long hard look at the factors involved in it you quickly see that the banking deregulation that started under Reagan and continued under Bush was the direct cause of the problem. There were other contributing factors... but without that deregulation this mess would have never happened.