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Sunday, April 18, 2010

This Time is Different?

Republicans have always defended business and opposed regulation. It's what they do. I've caught a few glimpses of Republicans making the rounds on the talk shows this morning, and they want you to believe that this time is different, that this time they are the ones defending the nation against the big financial firms that have caused us so much trouble.

During the debate over health care reform, Republicans convinced a lot of people that they are the defenders of Medicare in their effort to stop reform altogether. The media did not seriously challenge this ridiculous claim, and now Republicans think they can keep playing the public (and the media) for fools. Their goal is a simple one, it's to stop meaningful regulation so that their campaign finance buddies can go back to their old, profitable at your expense ways. 

This time is not different.

    Posted by on Sunday, April 18, 2010 at 09:51 AM in Economics, Financial System, Regulation | Permalink  Comments (36)


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