>but no regulations is certainly not better than some regulations,

I never meant such a thing.

>assuming the people in government positions have the actual best interests of the country in mind

They don't. They care about themselves and the lobbyists paying them, and sometimes they throw you a bone to win an election.

>Deregulation specifically led to the sub-prime mortgage crisis and the current situation, not the existence of regulations itself.

Deregulation is also a form of regulation because the government is the one that removes the previous safeguards put in place via new regulations. And Clinton was the one responsible for the sub-prime mortgage deregulation.

I'm aware. I lay it at the feet of neoliberals generally.