https://pjmedia.com/ronrosenbaum/2009/03/11/useful-history-for-those-ignorant-on-the-subject-of-regulation-and-deregulation/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 08:16:10 -0400<![CDATA[I think this well documented article will save me time responding to commenters who seem to be ignorant of the role of deregulation played in the collaspe of the banking economy. Yes mortage lending policies played a role, but not as much as the revocation of Glass -Steagall&#8217;s separation of banking and investment functions and the subsequent lack of regulation of the time bomb &#8220;investment supermarket&#8221; and hedge fund entities. But those who seek to blame the crash on one party and not another just demonstrate what fools and ignoramuses they are. Both parties contributed in their own ways.]]>Wed, 11 Mar 2009 16:40:14 -0400<![CDATA[Ron Rosenbaum]]>https://pjmedia.com/ron-rosenbaum/2009/03/11/useful-history-for-those-ignorant-on-the-subject-of-regulation-and-deregulation-n115832