Quote:
Originally Posted by andrewb
Now isn't the time to blame capitalism. Lets blame those that failed to regulate the banking sector, because we had a damn sight better regulation before the Bank of England Act 1998 was introduced. People have been able to borrow far too much, and banks, bankers, have been allowed to lend far too much.
Markets are not perfect. They need careful regulation, which they have lacked under Brown/Bush. They are considerably more perfect than state ownership however.
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As expected, a very conservative view, but neither party have not regulated many, many things which should have been regulated better, especially within thier own parties.