Could you list all the laws & regulations that were repealed? Also, the deregulation implies that the do nothing congress didn’t pass any new laws and regulations over the last several years. Could you prove it? Could you post some stats on the number of federal, state and local government jobs that were eliminated due to the deregulation, because these positions were deemed unnecessary. Please post some stats on the number of lawyers unemployed due to lack of laws that could be used to sue other people. Also, don’t forget to post the cut in real spending at the federal level over the last few years, that can be attributed to the deregulation. Finally, if you could post some stats on the reduction in the number of pages from various law books as laws were eliminated.

Thanks,

http://willworkforjustice.blogspot.com/2008/09/ocm-other-countries-money.html

WhyTF should Spitzer be in jail? I’m no big fan of his, but he used his own money to purchase a consensual service that many, many politicians use, the only difference being he got caught by an investigation that was likely politically-motivated (the Bush Justice Department running politically-motivated revenge investigations? Unthinkable. Just ask Don Siegelman).

The ethical issues are between him and his wife. Why waste taxpayers money putting him in jail? We have the largest prison population on earth, at immense financial and social cost, because of this kind of puritan lock-em-all-up mentality.

The bigger question is why personal indiscretions of the Clinton/Spitzer variety excite such punitive outrage, while the massive crimes of the Bush insiders are ignored.

“There are those who look at things the way they are, and ask why… I dream of things that never were, and ask why not?” – Bobby Kennedy

This is your brain on Ideology:

“Some people look at subprime lending and see evil. I look at subprime lending and I see the American dream in action.” – Phil Gramm

Any questions?

With Fed funds rate (effective) now around 20-30bps, we have effectively cut rates to zero and are sowing the seeds of the next bubble or inflation (think massive moral hazard inducing bailouts AND monetary inflation).

The impeachment trial was early 1999 – the Senate vote was in February – after that it was pretty much a dead issue. The Gramm-Leach-Bliley Act was passed by Congress and signed by Clinton in November 1999 – well after the “impeachment scandal”.

The Commodities Futures Modernization Act was not introduced until Dec 14, 2000, in a lame duck session of Congress, the day before recess ,and was included as part of a 21,000 page omnibus budget bill and never debated in either house of Congress – it was signed by Clinton on Dec 21, 2000 – also well after the “impeachment scandal”.

The fact that Gramm engineered such a wide-ranging and potentially destructive bill on the last day of Congress, and tucked it neatly inside a huge thumbs-up or thumbs-down budget bill where it would never be considered or addressed on it’s merits says a whole lot about the Republican way of government. The fact that Gramm is proud of and unapologetic as to his achievements says a whole lot about Gramm as a person.

“Economic growth without social progress lets the great majority of the people remain in poverty, while a privleged few reap the benefits of rising abundance.” – John Kennedy

And then there are Phil Grams…

political spinsters make me sick.

that said…if there were no fed, no fiat currency, no bailouts, no bad regulation…imagine the possibilities.