On Tue, 3 Mar 2009 16:23:44 +0000 (UTC), Steve Pope wrote:

> blake murphy > wrote:
>
>>On Sun, 1 Mar 2009 11:07:05 -0500, Ed Pawlowski wrote:
>
>>> "blake murphy" > wrote in message
>
>>>> i think you *can* blame one political party. which party
>>>> has pushed deregulation in almost every sphere? hint: it
>>>> ain't the democrats.
>
>>> Shortage of oversight has gone on under every administration
>>> in the past 30 years or so. Regulated or not, they don't have
>>> the inspectors or resources. This is not just a Federal problem,
>>> but local health inspectors are in the same situation in almost
>>> every district.
>
>>but republicans actively moved to weaken regulatory practices that were
>>already lax. there is no equivalence here.
>
> The CDS de-regulation was introduced by a Republican (Phil Gramm)
> as a last minute rider to an omnibus spending bill, then signed
> by a democrat (Clinton). Gramm is mostly responsible for this,
> but all of Congress and the President share some blame.
>
> 90% of the financial damage, and 100% of the helplessness in
> doing anything about it, traces to the CDS mess.
>
> Steve

gramm really is the prince of darkness in this little opera. the democrats
aren't blameless, but his little rider was really an
under-the-cover-of-night type deal.

your pal,
blake

On Tue, 03 Mar 2009 16:31:03 GMT, notbob wrote:

> On 2009-03-03, Steve Pope > wrote:
>
>> but all of Congress and the President share some blame.
>
> They're all dirtbags that will take the money option, every time.
>
> nb

some wag has said 'but at least the democrats give some of the money back
to you.'

your pal,
blake