Do the right thing and don't screw people for your own advantage unless you want to see new regulation. Most of the chemical industry has learned this lesson. It's time for Wall Street and the banking industry to get it. I know damn good and well my industry is guilty of past sins that required regulation to correct and the abuses in other industries and systemic problems are also obvious for anyone who doesn't have antiregulation blinders on. The pendulum should swing the other way when it's obvious the industries in question have learned the lesson of responsible corporate behavior.
Regulations do have a cost as does destructive corporate behavior. Tax payers shouldn't have to pay to clean up Wall Streets mess but the option is be screwed or be screwed worse. I've seen way too much tendency to ignore issues that are inconvenient to deal with and to cut corners that only harm others to make an extra buck in my career to believe people just will naturally do the right thing. It irritates me immensely that each party acts like their constituancy is virtuous while other party's are greedy scoundrels. The truth is we're all scoundrels to some degree and any government program or private institution should guard against financial abuse.
Regards,
Mark
Flame » in reply to re: Obama Deranged Syndrome
The Answer Is Easy
The whole thread (41 posts)
- So anyone feeling like an idiot yet?
- Silly. Obama is the most popular major leader in the world
- no
- Posting your wish list?
- 'Tard Watch
- "Particularly those here who voted for Obama expecting "CHANGE"
- Look for "how do you expect him to do anything in only one term when Bush had two?" (n/t)
- Maybe, maybe not