…resulted in thousands of US bank failures in the 1930's while Canada had virtually none.

…kept consumer spending at Great Depression levels for nearly 15 years.

…led to double-digit inflation.

…rapidly led to an explosion in fatherless families and subsequent poverty.

…permitted GSE's to securitize high risk mortgages.

…created a social safety net modeled after after Bernie Madoff.

When did we have "good" regulation? The 70s? 80s? When we made thing? Are you kidding? Manufacturing has gone UP over the last 30 years.

and individual it all is.

should have been…..and how individual it all is.

If there is one subject of which Americans appear to be most ignorant of, after sex, it is capitalism, economics, trade, markets, and individual it all is.

Oh, and after ignorant, did I also mention confused, discomboobalated, and frightened of.

Are you kidding? That's been my whole point. When we had good regulation, when we had a consumer driven economy and we actually made things we did great.

Single most important thing that happened that afforded easy credit was not deregulation. It was completely going off the gold standard. There was nothing restricting the expansion of credit. America defaulted on it's obligation to pay the rest of the world in gold. It happened in 1971, followed by massive monetary expansion and high inflation. It never really stopped. 5000 year monetary history came to a stop in 1971, prove that it was inconsequential.

Infact show me by how many pages the federal rules and regulations have been cut short over the last decade or two.