Republican Ideology Has Broken the Economy

from Huffington Post by Hale "Bonddad" Stewart

There will always be a debate about the need and extent of regulation. This debate is healthy; it should prevent one side from pushing too far against the other.

However, as the financial system continues to experience a high amount of turmoil, it is clear that deregulation has exceeded the "too much of a burden on business" argument. Instead, too little regulation has broken the economy.

The rest after the click ...

My comment:

Republican ideology has also broken our government, our military, and every business in the lending industry, the residential construction industry, and in real estate sales (and that cancer is spreading faster than anyone can track). That ideology has also "broken" our standing in the world, the accumulated trust and admiration of the international community, built up from the end of the Second World War to the invasion of Iraq. It has shipped jobs our overseas (and I blame Bubbah for caving into the Republican ideology on NAFTA, the economic equivalent of the invasion of Iraq in foreign policy).

That ideology has broken families; the families of our American war dead as well as the victims of predatory lending practices that resulted from the deregulation of the lending industry.

The spiral of unintended consequences that have resulted from short term, quarter-to-quarter, profit-only focus inherent in conservative philosophy is widening at an astounding pace ... and they want McCain and four more years of this "business-as-usual"?

The image of lemmings drinking Kool-Aid.