Posted by
vonryansexpress on Friday, October 03, 2008 8:03:08 PM
Republicans, (John McCain,) need to state, restate and then proof strike with the public that deregulation has Democratic footprints, thumbprints and philosophical imprints,
It is absurd for Republicans to be tarred with an anti laizzez-faire backlash that points the bony finger at deregulation as the origin of all excess in the credit markets.
One of the prime movers beginning in the late 1970's of deregulation in critical sectors of the American economy has been the senior Senator from Massachusetts, Ted Kennedy.
From deregulation of the trucking industry, the dissolution of the Civil Aeronautics Board, (CAB) and the deregulation of the Airline Industry to deregulation of Ma Bell and the telecom industry along with deregulation of Banking and Insurance as expressed in the repeal of Glass-Steagall, Ted Kennedy and other prominent Democrats including Wm. Jefferson Clinton were front and center.
Deregulation is not now to be cast off and ignored as if it were some unfortunate tryst with some easy virtue that we now want to ignore when we are with the wife and kids at a Sunday go to meeting moment.
Memories on this subject appear to be as short term as the pot smoker’s lunch the day before.
Republicans are not alone in the deregulation of American life and deregulation is not a bankrupt philosophical concept for government in the modern age.