State of the Union

[Orruar]

Originally Posted by moklianne [You must be logged in to view images. Log in or Register.]

Half of all financial regulation wouldn't exist if banks didn't act like organized crime outfits. Financial regulation is almost always due to specific events that trigger it.

I don't disagree with that analysis. I just find it funny that some people think we had some kind of massive deregulation of the banking sector, which happens to be one of the most (if not THE most) highly regulated industries. And when someone who holds that belief comes up with 3 examples, one of which actually had a net effect of adding regulation over banks, I literally laugh my ass off.