Deregulation? What Regulation?

I have been reading about how the Republicans, since they have control of the Congress, had decided to begin deregulating various industries.

When you think about deregulation, or even just regulation in general, you might imagine that this implies regulators are carefully watching what these industries are doing.

These would be the kind of people who caught the mistakes that the financial people were making on those derivative asset transaction, put a stop to it and, saved our economy.

OH, I’m sorry. They hadn’t a clue.

Above is from the wikipedia about the great Bernard Madoff, and tells how the swift action by the Securities Exchange Commission was able to thwart is evil schemes.. NOT

It would appear that they were too busy looking for porn or playing poker, on their computers, to peer into what had been reported to them on several occasions.

Now everyone knows about the wonderful regulators who prevented BP’s Deep Horizon disaster, right? You don’t know about it because they never prevented it, and as yet there is no evidence that they even had a clue, or cared.

These are some of the groups that the Republicans believe, obviously, are over regulated and must be deregulated in order to get them going again, so they can help fix our broken economy.

Do we need this? No. What we do need are people in those jobs that are qulified to do them, and have a will to do so. The very idea that our elected represenative wish to reduce oversight of these industries, or others, shows that they are probably less interested in the public interest than that of the corparations that contribute to keeping them in office.


By Joseph Bowen

Ex SSgt in Air Force Security Police... I had 10 years of active duty and inactive reserve. I have a total of 20 years, includes Air Force SP, security experience. I also worked 8 years and 4 months in the Garden Center of the Sarasota Cattleman Walmart. I also took the CCNA class at Sarasota Vo-Tech, when it was still called that. I am now, since 2010 a caregiver for my Mother. While I am now a registered Republican I am more likely to vote for whichever person I believe will do a better job.. In the last presidential elections I voted Libertarian, as I the two main choices seemed to be between lying crook, or an uncouth babler who could not be trusted.

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