“He said in the first hundred days, he’s going to let the big banks once again write their own rules, unchain Wall Street. They’re going to put you all back in chains.”
*sigh* He’s our go-to gaffe guy. Of course he didn’t mean anything by it, but good God that was bad. If Mittens said something like that, would people be up in arms? I’m sure of it. In that hypothetical scenario, I don’t think he’d mean anything by it either.
Let’s focus on the point he was trying to get across – the GOP’s love affair with deregulation. I’m Liberal, but I have a lot of Libertarian blood in me. However, I’m über Liberal when it comes to regulation because it protects us -the consumers. I’m not talking stupid regulations, but those that actually make sense. Like not letting banks take the money we deposit and blowing it Vegas-style. And no loan free-for-alls like the subprime fiasco. Basically, regulation steps in and assists with the factor that the market can’t control. Greed.
Even though his delivery was horrendously cringe-worthy, he’s right. By deregulating yet again, we will be put back in those chains. If we vote for the ones who constantly push for that deregulation, our confinement would be voluntary. That would make us…the chain of fools.