[lbo-talk] The American Prospect 8/30/07: "What's behind the sub-prime disaster?" by Robt. Kuttner

[Doug Henwood]

On Aug 30, 2007, at 6:57 PM, Rick Kisséll quoted Robert "Bob" Kuttner:


> This all could have been
> prevented if deregulation had not been embraced so fervently as a
> national economic creed.

It's not a matter of creed. Deregulation was pushed because profits  
were down and the working class was surly. Liberals have no sense of  
class and power, do they?

Doug