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TFG says inflation isn't a high priority issue.
27 Jan 2025 1:04 pm
All good points CP. It is unfortunate that those calamities blindsided the regulators. They probably thought they had it covered.Cannonpointer » 27 Jan 2025, 10:40 am » wrote: ↑ I'm not a wonk. I'm also not an idiot. I'm absolutely sure that there are regs we should get rid of.
At the same time, I would just LOVE for anyone on this board to make the case that our economy was OVER-regulated when thinly veiled homosexual george w bush drove it so far off a cliff that we were willing to replace him with an ashy-elbowed tar baby. CLEARLY, there were a few regulations MISSING from the equation.
The fact is, this nation went fifty years without a bank failure which wasn't handily managed by the FDIC. Reagan cut regulations, and he never even made it out of office before the arkansas savings and loan collapse that cost the taxpayers three billion dollars.
Where did those vanished, tax-payer-replaced billions get off to? Do you know? I sure don't. Not specifically, anyway. I know bubba clinton got a taste. As did herbert walker and his kid neil.
Do ya think maybe a few more regulations were in order on the energy sector, when enron broke the bank and it got blamed on some towel whose entire family were close bush associates?
My issue is not with targeted cutting of outdated or woke regulations. My issue is with the republican tendency to just ape stupid **** thoughtlessly. It ends with economic collapses, you see. And I feel that's a bad thing.
Maybe we would be better off just regulating everything all the way down to how many liters of oxygen each person breathes each day and start working backwards.