How many financial laws have been passed since the Depression?
Dodd-Frank, a Democratic law, was supposed to BE the "needed regulation." Did you read Obama's speech on the signing?
What next? Another law? Ten more laws? Fifty?
When will we live in a world where a business cannot fail? Where no politician or businessman can ever be corrupt again?
We've seen societies where the government has total control of the economic systems. The corruption in such places is universal.
There is no utopia. There never will be, no matter how hard the mailed fist squeezes.
The answer to lousy business practices is competitors who don't have lousy business practices. J. P. Morgan lost a couple of billion. Somebody else made that couple of billion. People got fired. It's supposed to hurt.
Current Events » in reply to Perhaps I misunderstood you
There is a huge difference between "no more laws" and "no laws."
The whole thread (20 posts)
- Why we regulate
- A comparison:
- The human factor.
- Do you think American society is "slightly" more complex than the NFL?
- A comparison: