"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Obama: Greed and Unfettered Free Markets Created This ?Perilous Moment?
Submitted by Mike Powers on Sun, 2008-09-21 15:00
"?Unfettered? free markets? Perhaps he forgot about the SEC's existing labyrinth of federal regulation of securities markets, including the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and Sarbanes-Oxley Act of 2002. "
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