Quote Originally Posted by GoldenBoy812
You blame Bush????:wtf: Blame Moody's. Blame S&P. They are the ones who broke the law. Blame government regultion that bottle necked all paper throgh only two analysts... That is why government regulation should only go so far. They just seem never to get it right.
Maybe a certain corrupt power in government organized that structure for that exact reason?

I have trouble understanding this. Government doesn't know how to regulate properly...so...they should regulate less?

Greenspan himself said the markets won't regulate themselves last week (or, at least, that they didn't and that's why we're where we are).

I'm confused.