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The Era of Re-Regulation is Upon Us

National News • October 20, 2008
Although the nation's attention is focused on the financial crisis it is worth thinking about how this mess will affect attitudes toward government intervention. The July issue of The Atlantic ...

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Subject: RE: RE: RE: RE: RE: RE: Re-regulation

Posted On: October 21, 2008, 11:35 am CDT
Posted By: an interested party
Comment:
A look back at history will show that each time there has been deregulation of certain markets ( Banking, Insurance, Stockbrokers, IE; Wall street) that there soon followed either a bad recession or a depression. It dates back to even 1836 when Andrew Jackson called the bankers vipers and theves and said by god in heaven above I will see you regulated before I am done. That was in another mortgage scandal which affected about 10,000 mortgage holders. I am a conservative by nature but certain industries have to be regulated to keep the theves out of the American Pocketbook.
I would hope that one of the things done would be to re-enact the McCarren Ferguson Act and restrict Banking to just be in Banking and no other business again. It worked pretty well after the 29 crash for about 50 years, and it should be done again on a permanant basis this time. I have been in the insurance sector for over 44 years now and I am appalled at some of the company practices like AIG.
Subject Posted By Posted On
RE: RE: RE: RE: RE: RE: RE: Re-regulation milo
Oct 21, 2008, 1:34 pm
RE: RE: RE: RE: RE: RE: Re-regulation an interested party
Oct 21, 2008, 11:35 am
RE: RE: RE: RE: RE: Re-regulation milo
Oct 21, 2008, 6:25 am
RE: RE: RE: RE: Re-regulation Jerry
Oct 20, 2008, 6:55 pm
RE: RE: RE: Re-regulation H Reid
Oct 20, 2008, 4:33 pm
RE: RE: Re-regulation Jerry
Oct 20, 2008, 4:02 pm
RE: Re-regulation Dread
Oct 20, 2008, 2:49 pm
Re-regulation Jerry
Oct 20, 2008, 11:16 am
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