It’s The Regulation, Stupid
By Mitch Berg
Just so we set the record strait – since so many libs seem to have trouble getting it right – deregulation didn’t get us here (emphasis added):
CONTRARY TO A VIEW POPULARIZED DURING THE 2008 presidential election season, the current economic crisis was not the result of deregulation.The Bush administration made many mistakes, but deregulation was not one of them.
Not only was there no major deregulation passed during the past eight years, but the Bush administration and a Republican Congress approved the most sweeping financial-market regulation in decades.
Let’s recap: Bush acted and spent like a liberal; liberal Democrats want to fix the consequences of liberal acts and spending with…more of both.
I have a headache.
February 11th, 2009 at 4:34 pm
My VC contacts (won’t call them friends) tell me Sarbanes-Oxley has been toxic to them. Startups are much harder with all the regs, which is just the way incumbents, political and business, like it.
February 12th, 2009 at 12:34 am
And don’t forget, the only reason why leftism always fails, is because we didn’t go far enough.
Just like this person:
http://i265.photobucket.com/albums/ii214/kjpilot/doc-headupbutt.jpg
She just didn’t shove far enough!
The debate is over, plebes!
February 12th, 2009 at 3:43 am
Hey Mr. Shirt! Where did you get that picture of Angry Clown?