11/29/08 - NYPost.com by Thomas Sowell (via PowerlineBlog) --> Source
[edited] For years, politicians have pressured banks and other institutions into lending to people they would not lend to otherwise. They used the Community Reinvestment Act, other regulatory powers, and threats of legal action.
Yet, when all this blows up and the economy turns down, what is the answer? To have more economic decisions made by politicians, because they choose to say that "deregulation" is the cause of our problems.
No matter what happens, for politicians it is "heads I win and tails you lose." If we keep listening to them and their media allies, we are all going to keep losing big. Keeping our attention focused on CEO pay [a very small expense compared to the big picture] is part of this game. We are all goats if we fall for it.