Comments on: Paulson’s Smoke and Mirrors Reform http://wonkroom.thinkprogress.org/2008/04/01/paulsons-smoke-and-mirrors-reform/ Thu, 26 Nov 2009 16:42:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: fletc3her http://wonkroom.thinkprogress.org/2008/04/01/paulsons-smoke-and-mirrors-reform/comment-page-1/#comment-464 fletc3her Wed, 02 Apr 2008 14:16:46 +0000 http://thinkprogress.org/wonkroom/2008/04/01/paulsons-smoke-and-mirrors-reform/#comment-464 The administration has this fantasy about deregulation and they sell it like they do all their policy dreams, with dishonesty. If the economy were doing well then they would be selling this plan as essential deregulation necessary to allow the economy to continue to grow. Since the economy is in the toilet they sell the deregulation as essential to providing flexibility so the regulatory agencies to address the situation. Paulson precedes his briefing on the proposals with a short statement about how regulation does not work. That's his wink and nod to the banking and investment industries. He's letting them know that they can zone out now because no matter what it sounds like, whatever bone it sounds like he is throwing to the Democrats, his entire plan revolves around deregulating their agencies to an unprecedented degree. The administration has this fantasy about deregulation and they sell it like they do all their policy dreams, with dishonesty. If the economy were doing well then they would be selling this plan as essential deregulation necessary to allow the economy to continue to grow. Since the economy is in the toilet they sell the deregulation as essential to providing flexibility so the regulatory agencies to address the situation.

Paulson precedes his briefing on the proposals with a short statement about how regulation does not work. That’s his wink and nod to the banking and investment industries. He’s letting them know that they can zone out now because no matter what it sounds like, whatever bone it sounds like he is throwing to the Democrats, his entire plan revolves around deregulating their agencies to an unprecedented degree.

]]> By: christopher wiwi http://wonkroom.thinkprogress.org/2008/04/01/paulsons-smoke-and-mirrors-reform/comment-page-1/#comment-446 christopher wiwi Wed, 02 Apr 2008 03:56:37 +0000 http://thinkprogress.org/wonkroom/2008/04/01/paulsons-smoke-and-mirrors-reform/#comment-446 It is time for more BIG GOV`T to take control of this small BUSHCO Regime and stomp on it till it dies.Reintroducing the Glass Steagall Act and others that have been thrown side by Bush and his corrupt cronyies will get us where we need to be to put America back together. It is time for more BIG GOV`T to take control of this small BUSHCO Regime and stomp on it till it dies.Reintroducing the Glass Steagall Act and others that have been thrown side by Bush and his corrupt cronyies will get us where we need to be to put America back together.

]]> By: christopher wiwi http://wonkroom.thinkprogress.org/2008/04/01/paulsons-smoke-and-mirrors-reform/comment-page-1/#comment-444 christopher wiwi Wed, 02 Apr 2008 03:28:53 +0000 http://thinkprogress.org/wonkroom/2008/04/01/paulsons-smoke-and-mirrors-reform/#comment-444 Everyone of these bastards should go to jail for the crimes they have committed. The neocons and their values will be gone come November, thank GOD. Everyone of these bastards should go to jail for the crimes they have committed. The neocons and their values will be gone come November, thank GOD.

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