re: #25 LudwigVanQuixote

And thank G-d really, because those seemingly moderate republicans have been all for deregulating everything under the sun, crushing and denying science , giving corporate welfare, and throwing bones to the religious right for decades.

What we have seen is that there is a certain minimum level of government activity needed to avoid much greater damage through inactivity.

(btw, I believe that was Bush’s justification for invading Iraq. “The cost of inaction could be much higher”)

But with financial deregulation, we saw that the costs of subsequent government intervention in the form of a tax-funded bailout were many times greater than the costs of proper oversight.