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Ed Huntress
 
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"Gunner" wrote in message
...

I thought it was on Reagan's watch, with VP
Bush as the point man. Where am I wrong?


By that criteria..Enron was Clintons fault.
Correct?


There's a lot of truth in that. Clinton had the business deregulation bug,
which started under Reagan, and the banking/finance/corporate-accounting
debacles festered and grew during his administration.

His economic advisors were actually pretty conservative, in that sense, from
NAFTA to allowing stock brokers to be involved in investment banking. And
we've all been paying for it ever since.

It isn't over yet. It's the system we have, which provides great incentives,
as well as opportunities, for dirty dealing. It's too much for many people
to resist.

--
Ed Huntress