Quote:
Originally Posted by Shaun 84 Targa
All great empires have a limited life span. Is ours coming to an end? If so, why?
Casual observation says deregulation created the current environment responsible for the housing and energy crises:
Phil and Wendy Graham deregulating energy first giving us Enron, then wild oil speculation.
The Fed, SEC and Congressional Banking Committees all ignored junk mortgages first given to unqualified consumers, then sold on the world financial markets as complex investment vehicles.
What is killing the U.S.A.? What will kill the U.S.A.?
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I think people with the mentality to blame Phil Gramm and his wife for Enron and oil speculation contribute a disproportionate share of what's killing our country.