We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
IF ONLY BUSH HAD BEEN SUCH A RAMPANT FREE-MARKETEER: “Mythmaking is in full swing as the Bush administration prepares to leave town. Among the more prominent is the assertion that the housing meltdown resulted from unbridled capitalism under a president opposed to all regulation. . . . Rather than a failure of capitalism, the housing meltdown shows what’s likely to happen when government grants special privileges to favored private entities that facilitate bad actors and lousy practices.”
OK. Time for some true facts. The following are relevant paras from a Jan '09 article by Veronique de Rugy at the Mercatus Center at George Mason University re Bush and USG regulations:
1. Since Bush took office in 2001, there has been a 13 percent decrease in the annual number of new rules. But the new regulations' cost to the economy will be much higher than it was before 2001. Of the new rules, 159 are "economically significant," meaning they will cost at least $100 million a year. That's a 10 percent increase in the number of high-cost rules since 2006, and a 70 percent increase since 2001. And at the end of 2007, another 3,882 rules were already at different stages of implementation, 757 of them targeting small businesses.
Overall, the final outcome of this Republican regulation has been a significant increase in regulatory activity and cost since 2001. The number of pages added to the Federal Register, which lists all new regulations, reached an all-time high of 78,090 in 2007, up from 64,438 in 2001...
2. The Bush team has spent more taxpayer money on issuing and enforcing regulations than any previous administration in U.S. history. Between fiscal year 2001 and fiscal year 2009, outlays on regulatory activities, adjusted for inflation, increased from $26.4 billion to an estimated $42.7 billion, or 62 percent. By contrast, President Clinton increased real spending on regulatory activities by 31 percent, from $20.1 billion in 1993 to $26.4 billion in 2001."
No, the truth is crystal clear. The Bush administration, and let's give the Republican Congress some props here too, was one of the WORST in history in terms of increasing the burden of government regulations on the economy. After all, "compassion" costs money.
We haven't been able to regulate away bad or criminal behavior in ten thousand years of human civilization...Focusing on regulation is what the democrats in Congress want you to do in order to smokescreen their own criminal negligence. There were plenty on warning signs and calls to reign in Fannie Mae, Freddie Mac not to mention HUD. All of which were muted under the umbrella of pursuing "fair housing". De-regulation misses the point entirely...Conservatives/Republicans need to get this right. The dems and their accomplices in the media are controlling the writing of history now and you will be buried for a hundred years with this one.