Bush administration banking deregulation plan which suddenly became a banking re-regulation plan after the crisis, would drastically reduce the regulatory powers of the Federal Reserve Board -- the one regulatory agency which they don't control and which brought neither pruning sheers nor a chain saw to deal with banking regulation.



Sort of like the surplus reduction tax cuts which turned into recession and deficit fighting tax cuts in 2001.

knock me over with a wrecking ball.





Hey kids have you ever seen a wrecking ball ? They aren't used much anymore, but I remember one (not this one) from my childhood. For some reason it always comes to my mind when I think of George W. Bush (secret service please disregard this post)