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Old 10-16-08, 12:35 PM
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jikelly jikelly is offline
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Join Date: July 2003
Location: Lubbock Tx
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Quote:
Originally Posted by poboys 94 View Post
This is nonsense. Deregulation is, in fact, the removal of the laws which traditionally protect the public from the hucksters and scam-artists who create lofty-sounding investments which are nothing more than Ponzi-schemes.
By removing the safeguards to investment, the business and banking communities have created what many call “casino capitalism,” an anarchic structure with few protections that is hurling the markets toward a system-wide meltdown.
Dang, that seems like an all to accurate assessment.
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