Deregulation. Oh, it sounds so easy, doesn't it? Of course the markets can take care of themselves. Of course that's the point of capitalism/democracy.
Yeah. The people who seem to think that no regulation = economic growth got shit-canned. And now that repairs need to be made, those same people vote against it.
Isn't that the point of the market? To protect itself?
Did anyone study history? Really? Because if you think that not fixing the mistakes that have been made is a good idea, we're probably not going to be friends.
I don't love this fix-it plan. But how could we not expect this? And once it's happened, how can we not agree to have some egg on our face?
We're the economy that matters most in this world. We have an obligation to get this right.
If Charles Gibson is right, the re-election ads are going to be priceless. "Why should we spend important tax-payer money to pay these Wall Street fat cats?"
Why? Two different reasons. One: We created this. Two: We don't tell people how to negotiate their contracts.
Hopefully, I'll be able to stop yelling at the TV soon.
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