Friday, October 31, 2008

Once Again, the Deregulation Myth Taken Down

I have asserted numerous times, often out of frustration, that there has not been any meaningful financial sector deregulation over the past 8 years, and therefore it is competely disingenuous and nonsensical for Barack Obama to blame deregulation for the financial crisis. Here the Wall Street Journal delves more in-depth into the US' regulatory changes under Bush. It is a good read.

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