I'm not going to debate the whole Reagan/savings and loan revisionist spin. That would be pointless. I do want to ask you a question though while adhering to your own logic. If you don't like Ronald Reagan then why would you want to give him more money? You seem to always focus on the flaws of business and the individual but you rarely focus on the flaws of government. The flaws of business can wound a country financially in a worst case scenario. The flaws of the individual can be quarantined by a jail cell. The flaws of a government can destroy everybody though. The flaws of government allowed slavery, segregation, Japanese internment camps and Obamacare. The more money the government has, the more atrocities are committed. History shows this. Not just our country but Stalin's Russia, Adolf's Germany, Pol Pots Cambodia and Kim Kardashians butt (I'm assuming it's subsidized).
Please understand I am not oblivious to the many flaws of our existing government, each of which must at some point be addressed -- some with criminal prosecution. And please assume that correcting each and every one of these flaws would be concurrent with my radical proposal to confiscate all personal assets in excess of twenty million dollars. In other words, I am proposing a political
revolution --not just some routine legislative action. Whether or not it can happen, as it did in the 1960s, is not the question I have, which has to do with your thoughts.
The existing government is totally corrupt. The corruption has come about so gradually it's hardly been noticed. What is needed is to send a few high-level members of the Congress to prison for twenty year sentences and kick out a number of others on their asses. Then we can deal with the money ideas, because only then will we have statesmen in office rather than corrupted politicians.
So we are in agreement as to what must be done first. But before we can get around to doing it we must convince the brainwashed right-wing water-carriers for the rich as to how this corruption came about.
As to the matter of deregulation and its effects, the best answer I can offer is laid out plainly and irrefutably in the
Inside Job video referenced in my signature line below. If you haven't watched I assure you it's worth your time.