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Sunday, September 28, 2008


"Duh" moment of the day

The chairman of the Securities and Exchange Commission, a longtime proponent of deregulation, acknowledged Friday that failures in a voluntary supervision program for Wall Street's largest investment banks had contributed to the global financial crisis, and he abruptly shut the program down. (Source)
Yeah, who'da thunk it?

Funny they've never suggested voluntary payment of taxes, eh? Only the rich get "voluntary compliance with the law." Dictatorship of capital, remember?

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