Microsoft Thinks The World Needs Another Zombie Game
Source: www.fanboy.com - Wednesday, August 22, 2012
Adam Levin: Romney's Rage Against Regulation
Source: www.huffingtonpost.com - Wednesday, August 29, 2012
The people who brought you the Great Economic Meltdown of 2008 have a new idea for you -- although if they get their way, you'll never hear about it. In fact, one of the most striking things about the new push to undo the consumer-friendly financial reforms that followed the crash is the open contempt its backers show for American democracy. Since this week's Republican National Convention will present their carefully orchestrated vision of a perfect unregulated, untaxed world, this might be a good time to revisit America's recent nightmare on Elm Street. In the waning months of the George W. Bush administration, as American voters were about to choose between Barack Obama and John McCain, the U.S. economy hit a reef the size of Manhattan -- or, more precisely, Wall Street. In the wake of that disaster, two questions were repeated over and over, from coast to coast: How did this happen? How can we make sure it never happens again? One of the most notable responses to that second question was the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by President Obama in 2010. Dodd-Frank brought about the most profound changes in U.S. financial regulation since the Depression-era reforms of the Roosevelt administration. And the comparison is apt -- because without this and other strong corrective measures taken in response to the crisis, the damage to the American economy could have been far worse than it was.
All Related | More on Romney |