Quote from ZZZzzzzzzz:
So no regulation on the credit markets at all would be a good deal?
I see the corporate footprint on American economic culture far shallower than any prior time in history. Titans are dying. If anything the federal government has been fueled by corporate profits for years. Exxon's taxes paid one sixth of Iraq by themselves last year. Corporate World's impending profit death will cause dire effects on government spending and borrowing.
As far as "regulation" and credit markets-didn't matter. What goes in goes out. Causations are WAY to deep for MSM dolts to wax philisophical over so we'll just reduce "regulation" to the under debated, anti-intellecual file cabinet holding the "defense", "education" and "tax" files.