Millions of Americans are struggling to survive in the ruins of a once-healthy economy. A bipartisan frenzy of bank deregulation led to this catastrophe, and the financial reform bill passed this year is only a first step toward repairing the damage. We should be talking about the additional actions needed to prevent future disasters. But the "solution" being proposed by the Republican Party isn't just incomplete, or inadequate, or even incorrect.
The governors of the Gulf Coast states, all Republicans, asked the federal government for help dealing with the BP oil spill -- yeah, the government, the very organization that their hero and mentor Ronald Reagan described as “the problem,” not the solution. more »
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