What Does Deregulation Beget?

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The fact that a conservative approach to Wall Street — down with regulations! down with oversight! — has led to America’s financial mess appears to be sinking in. But don’t forget that deregulation has screwed up much more than Wall Street. The conservative hands-off approach has neutered nearly every science-based agency in the federal government these last eight years. That’s the point of Chris Mooney’s “Return of the Geeks.” Check it out. No surprise, Bush Administration hacks prioritized deregulation of industry over science and oversight, to disastrous results.

Conservatives love to slam “big government.” But the lack of effective regulation and oversight has led to problems in a number of areas, many of which Mother Jones has covered. Check out “The Ungreening of America: How the Bush Administration Is Rolling Back 30 Years of Environmental Progress.” Also, you can read about the pernicious effects of deregulation in the areas of airline safety, food safety, the telecom industry, the FDA and food imports, mining, and nuclear garbage and nuclear safety.

Maybe it’s time for regulation to make a comeback.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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