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In the wake of the Great Market Crash of 1929, The Roosevelt administration brought in stringent regulations restraining the wheeling-and-dealing of the financial market vampires.
In my 1950's high school American history textbook it said that a financial colapse like the Great Depression could never occur again because the financial markets were now well supervised and regulated.
Ever since the Reagan years, these regulations have been systematically dismantled, especially by the Republican Congress of the 1990's. The "Invisible Mind of the Marketplace" has had free-rein ---- and behold the result!
Please! Mr. Gorbachov! Come and save America from its "Era of Stagnation!" ___________________________________________
