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Republican Regulators (RE: Mr. McCain & The Economy)

(Written September 18th, 2008 as a NYT Letter-to-the-Editor) Your recent editorial claims that regulatory inaction “championed” by Republicans and Senator McCain in areas like finance has caused economic “failure”. Yet, as your newspaper reported in 2003 (“New Agency Proposed to Oversee Freddie Mac and Fannie Mae”), economic culpability does not lie with the Republicans if […]