Paulson's Fix for the Financial System

Less Regulation, More Power to the Fed

By Mike Whitney

It is being billed as a "massive shakeup of US financial market regulation", but don't be deceived. Treasury Secretary Henry Paulson's proposals for broad market reform are neither "timely" nor "thoughtful" (Reuters) In fact, its all just more of the same free market "we can police ourselves" mumbo jumbo that got us into this mess in the first place.

http://www.informationclearinghouse.info/article19657.htm



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