How did it happen?
is the question, after the HUGE economic crash, that threw us into the recession/depression we are in. Well, the answers are coming out. Bernie Madoff, and the hedge funds were able to rip us off, BECAUSE, the Bush administration gutted the SEC, the rules enforcers of the financial world. Cut their budget by OVER 75%, with HUGE layoffs of enforcers. Google it if you don't believe me. The Repub mantra has been de-regulation. Worked GREAT for the big boys, who worked the system, just like they did under Bush 1, to gut the Savings and Loans, and nearly wrecked us in the late 1980's. The Bush's go after the BIG $, and they are REALLY good at it, looting the S&L's, taking oil from under $20 to over $140/bbl, starting wars, and manipulating Wall St. In a perverted way, I admire them, cuz they can steal on such a HUGE scale, that most would never consider. Look at the facts! They make Dillinger and Capone look like rookies....
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