kuzi16:

and what monopolies do we have today?

This is the point I was going to make. Name ONE monopoly we have today. And the monopolies we are referring to are nationwide and that have a major impact on our economy. Microsoft is a huge corporation, but is NOT a monopoly, neither are oil companies because guess what, there are several of them. Mono= ONE.

http://www.federalreserve.gov/bankinforeg/reglisting.htm

Now take a look at this and tell me what has been deregulated in the banking industry. Also along with Banking, tell me where the auto industry was deregulated since according to you that is the cause of the economic melt down. I'm very curious what regulations were done away with to make you think deregulation occurred.

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