Subprime/financial meltdown: who thinks too much regulation is to blame?

[Final-Fan]

Sqrl said:

Final-Fan said:
"...either introduced or left unchecked destabilizing activities."

I think the former would be "too much" and the latter would be "too little", although I realize that's something of an oversimplification.

That's exactly what I intended by those statements actually.  I'm not saying that the over or under regulation doesn't exist, just that it's an unnecessary and problematic clashing of ideology.  I might be wrong I suppose, I am certainly making the assumption that both sides view simple effective regulations to be preferable to complicated effective regulations and that either of those are preferable to ineffective regulations of any kind.

My real point is that I object to the idea that we go into the process of finding a solution to the problem with a preset notion of what we want the solution to look like based on our ideology. I think the ideology is itself part of the problem, it's pretty hard to honestly identify legitimately unstable factors that need to be eliminated when one side is aiming for a white list and the other side wants nothing at all (both being the extreme examples).

Well I certainly sympathize with that, but on the other hand when something like this goes this wrong it is going to be one or the other (or both) and I think by this time we ought to be able to form opinions on which it is based of what went wrong and in what way it did. 
Then again, I think we ought to be able to form MY opinion