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Our congressman, Darrell Issa, was on CNN on behalf of Republican opposition to Wall Street reform. He began by regurgitating the unregulated market credo, “The public sector does very well without us most of the time.”
I’m amazed anyone can still be peddling that bill of goods after the market meltdown of 2008. Even Alan Greenspan, the high priest of unregulated markets, was forced to recant in the face of overwhelming evidence that Investment Banks by their very nature put profits over ethics, or anything else.
Issa then led the listener down the rabbit hole, a dizzying barrage of unsubstant...
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