Much the same with health care in NYS. They passed some kind
of "universal insurance" thing that forced the companies to
insure everyone. So, the insurance companies pulled out of
NYS. Of course, it would never occur to legislators to
return some freedoms to the citizens.

--
Christopher A. Young
Learn more about Jesus
www.lds.org
..


"HeyBub" wrote in message
m...

Yep. It wasn't the LACK of regulation, it was too much of
the WRONG KIND of
regulation. Specifically the requirements that lending
institutions serve
"underserved" areas.

Cruise through the worst parts of your town. You'll find a
Bank of America
branch sandwiched between a pawn shop and a Stop-&-Rob in
neighborhoods
where the only other retail businesses on the street are
hookers and crack
dealers. Do you think BoA or Wachovia or Washington Mutual
opened those
branches because of rational business decisions?