- Top Features:
- War Room
- Glenn Greenwald
- Broadsheet
- Joan Walsh
- Camille Paglia
- Since You Asked
- Follow Salon:
Read other letters about this article
I started calling our economic situation the 2nd Gilded Age 4 yrs. ago primarily due to 30 yrs. of deregulation. Allowing foxes to guard hen houses begets our current situation. I didn't need an economics degree to figure this out -- I graduated from college 30 yrs. ago -- just the common sense the good Lord gave me. Continuing to worship the Milton Friedman philosophy is utter stupidity at this point, and that's exactly what John McCain says he'll do. We need stepped up federal regulation of the financial sector now, particularly in investment banking and hedge funds which are presently unregulated. Wake up American electorate and throw these bums out in November!
