They not only deregulated. They desupervised.
Criticizing federal regulators in the 1989 Savings and Loan scandal:
When the cats away, the mice will play.
Not only does filth, overcrowding, lack of privacy and domesticity, lack of ventilation and lighting, and absence of supervision and of sanitary regulation still characterize the greater number of the tenements; but they are built to a greater height in stories
It was like 'Risky Business' for 10 years. My parents were out of town, they left me a bunch of money, the car, and the house, and I didn't know when they were coming home.
Laws were changed and regulations repealed until an Enron can set sail without responsibility, supervision, or accountability.
I come from a family of communist nudists. I was allowed to do or not do what I liked. My parents were not interested in whether I went to school or got drunk on white wine.
This resemblance became clear in the Bush the father's visits to the region. He wound up being impressed by the royal and military regimes and envied them for staying decades in their positions and embezzling the nation's money with no supervision.
My parents didn't care very much what I did, and that was probably a blessing.
The causes of youth violence are working parents who put their kids into daycare, the teaching of evolution in the schools, and working mothers who take birth control pills.
I think the reason kids get into drugs and smoking is they don't have anything to do.
I worry about the kids who have too much. As a parent living in a so-called good neighborhood with children who went to private high school, I found myself spending much time in parent groups worrying about alcohol, unsupervised parties, and parents not being parents.