Liberals Making ‘Deregulation’ A Dirty Word
Some people argue that “deregulation” caused the problems on Wall Street, while others say just the opposite: They blame misguided federal intervention for encouraging banks to lend money to unqualified borrowers. The Barack Obama campaign – and one of the labor unions that supports it – wants Americans to equate “deregulation” with failure. The Obama campaign is releasing a new political ad that blames the Wall Street crisis on “Bush-McCain” policies. “McCain wants to do the same to health care,” the Obama ad says. More.