[Even More Noise]: Re: Those Evil Republicans

[nelson at crynwr.com]

Hallam-Baker writes:

 > Given the experience of deregulating Savings and Loans institutions
 > I don't think the country could survive another round of
 > deregulation.

I get really tired of shallow critics of deregulation citing the S&L
problem.  The problem was partial deregulation -- the wolves were let
go: into the sheep's pen.  The S&L's were allowed to make risky
investments, but the American taxpayers still guaranteed their asses.

Phil, your reputation is sinking fast.  I suggest silence on your part.

-russ <nelson at crynwr.com>    http://www.crynwr.com/~nelson
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