Comments on: The Credit Crunch is a Network Failure http://rutledgecapital.com/2008/09/30/the-credit-crunch-is-a-network-failure/ Mon, 22 Feb 2010 20:03:03 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: A Market Breakdown and Other End-of-Week Perspectives « EsForex | Mercado de Divisas | Mercado Forex http://rutledgecapital.com/2008/09/30/the-credit-crunch-is-a-network-failure/comment-page-1/#comment-488 A Market Breakdown and Other End-of-Week Perspectives « EsForex | Mercado de Divisas | Mercado Forex Wed, 04 Mar 2009 15:37:22 +0000 http://rutledgecapital.com/rutledgeblog/?p=1123#comment-488 [...] Credit Crunch as a Network Failure - Thoughtful post from John [...] [...] Credit Crunch as a Network Failure – Thoughtful post from John [...]

]]> By: Rick Neaton http://rutledgecapital.com/2008/09/30/the-credit-crunch-is-a-network-failure/comment-page-1/#comment-401 Rick Neaton Wed, 01 Oct 2008 10:33:39 +0000 http://rutledgecapital.com/rutledgeblog/?p=1123#comment-401 Given your proposal for pushing regulatory power over capital down to local regulators, does the same need to be done in the political network? Of course, that was the essence of the Contract With America in 1994, wasn't it? Based upon my conversations with many neighbors, friends and strangers over the past week about the bailout proposal, the opposition flows from peoples' sense that once the $700 billion is appropriated, Congress will not fix the causes of the problems and any profit from the sale of these securities back into private hands will be spent on more questionable projects. Given your proposal for pushing regulatory power over capital down to local regulators, does the same need to be done in the political network? Of course, that was the essence of the Contract With America in 1994, wasn’t it?

Based upon my conversations with many neighbors, friends and strangers over the past week about the bailout proposal, the opposition flows from peoples’ sense that once the $700 billion is appropriated, Congress will not fix the causes of the problems and any profit from the sale of these securities back into private hands will be spent on more questionable projects.

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