From: nelson@crynwr.com
Date: Tue, 25 Jun 1996 16:00:39 +0800
To: cypherpunks@toad.com
Subject: [Even More Noise]: Re: Those Evil Republicans
In-Reply-To: <4qjndd$fnl@life.ai.mit.edu>
Message-ID: <19960625022540.30059.qmail@ns.crynwr.com>
MIME-Version: 1.0
Content-Type: text/plain


Hallam-Baker writes:

 > Given the experience of deregulating Savings and Loans institutions
 > I don't think the country could survive another round of
 > deregulation.

I get really tired of shallow critics of deregulation citing the S&L
problem.  The problem was partial deregulation -- the wolves were let
go: into the sheep's pen.  The S&L's were allowed to make risky
investments, but the American taxpayers still guaranteed their asses.

Phil, your reputation is sinking fast.  I suggest silence on your part.

-russ <nelson@crynwr.com>    http://www.crynwr.com/~nelson
Crynwr Software sells packet driver support     | PGP ok
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