I keep hearing from people (politically involved or not) that the current bubble popping loudly on Wall Street results from "Deregulation," which is, of course, deeply associated since Reagan's times with Republicans.  Certainly both Obama and Biden threw that word around a lot.  What irritated me was that neither McCain nor Palin stepped up to explain the difference between Deregulation (which is a good thing) and the fact that, in a deregulated environment, the government's appropriate role is as a policeman.  I've quoted below, with some modifications in the first paragraph, a piece of a post I wrote on my site right after the Palin-Biden debate, and the more I think about it, the more I think I might be highlighting a very important distinction.  I know that Biden and Obama understand what's going on, but are hiding the distinction, and I know that McCain and Palin  . . . well, I assume that McCain and Palin see the distinction so clearly that...(Read Full Post)