Xaihou, I haven't been around for a while, but I remembr you being smarter than this. Are you honestly trying to make the argument that the 2008 meltdown was caused by overregulation? I usually lean more to the right on economic and fiscal issues (especially anything to do with lying, stinking unions). But it is well documented and plain to see that it was lack of oversight and downright knowing, willful thievery on the part of the investment banking firms that led to the 2008 collapse. I've worked in banking and finance for almost twenty years, and I honestly can't believe that executives weren't sent to jail over this. What they did was worse than what Enron and Arthur Anderson got up to.
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