The Financial meltdown

The current financial meltdown is the clear result of everything people on the Left have been warning about for decades.
Of course they were pooh-poohed, laughed at and derisively written off as being fear mongers. Their ideas were discredited by the corporate media and people generally accepted that folks on the left side of the political spectrum, while well meaning were completely out of touch with reality.
Of course with some people, (some-not the majority, in fact a distinct minority) making ooodles of profits the idea took root that this was indeed the way to go.
In his inauguration speech Ronald Reagan famously noted that government itself was the problem. Regulations were anathema and got in the way of profit, so deregulation became the mantra.
Margaret Thatcher also famously proclaimed that there were no societies, that there was only the market and governments role was to facilitate the market.
LET THE MARKETS DECIDE became the rallying cry of the traders and their ilk.
Well the markets have decided and melted down in an orgy of greed.
Guess who Big business and the banks turned to when this happened?
You've got it. They turned to government in order to get bailed out.
Suddenly Government became all importantm the facilitator of credit, the giver of bail-outs.
At it turns out.....The Left is right after all.