When the
Reagan Administration began the deregulation craze, and the Holy Free Market became infallible, the collapse of the U.S. financial industry was predictable. Bush was the ton of bricks that broke the camel’s back. The transfer of wealth upwards was conservatism at its most typical, and destructive. Republicans like to blame the present state of the economy on anything other than the cause. As the train accelerated to the point where the tracks stopped, many Americans, without a degree in economics, watched in horror as it left the tracks and plunged over a cliff.
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