Overregulated?
From Redstate … ironically, it looks like there is so much regulation of banks out there that the regulations are getting in the way of the bank rescue. No,really! Marginal Revolution reports:
Government regulations — numerous ones I might add — are standing in the way of the Treasury plan to recapitalize U.S. banks:
From the comments section:
The new rule that will make it legal will be titled the “Marx to Market” law.
Too funny cause its too true.
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