Quote:
Originally Posted by OutofDate1980
The financial deregulation by Congress started with Depository Institutions Deregulation and Monetary Control Act of 1980. This is the time frame when the financial unregulated unfettered free markets con was bought by the country. The gamblers received the payout for their winning bets and the taxpayers paid the marker for the losses.
Here's a timeline.
http://www.cepr.net/documents/publications/dereg-timeline-2009-07.pdf |
Fair enough, but it also undermines the notion of deregulation "starting in the Reagan era."