Deregulation and Reagan

President Reagan had an idea about how the world should run. He deregulated Big Business. That is, he removed the restrictions put in place that kept companies from cheating. He removed, primarily economic oversight. He said that it was unAmerican that in this capitalist society that such oversight, such restrictions should exist. To him, these concepts flew in the face of that  idea we like to call freedom. He wanted Big Business to have the freedom to do what it will and believed that in doing so, said companies would check themselves. They would check themselves because it was in their best economic interest to do so.
I remember when you would receive 5% interest from banks when you had a savings account. If byou borrowed money the bank would charge you 8% interest on loans. Banks made their profit out of that 3% difference.  Deregulation changed all od that. 

Deregulation was started under Reagan,continued by Clinton,and completed by Bush.  President Obama is trying to place new regulation on the Banks and Wall Street.  If he fails I fear for the survival of the middle class.  It is in the self interest of the wealthy to stop him.  They can not use the facts so they are trying to confuse the issue by manipulating the Tea Party agenda.  The wealthy are pouring a lot of cash into the Tea Party in an effort to get you,the voter,to lookm the other way.  We must not let them succeed.

And that's all I got to say about that!!!