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Member since:
2006-10-16
One thing they have regulated well? Are you serious? How about Glass–Steagall that would have prevented the economic collapse 2 years ago! "
Would it have done so ? I doubt it ... Besides it's an act that stops the flow of money, it can't last in the presence of short-term decision makers.
Nothing short of a king-for-life government could have preserved glass steagall until 2008.
No it didn't. Read up on history.
Oh right ! fabulous ! Hmmmm, WHO failed to enforce them ? You know, just wondering.
So, what you're saying, more accurately, is that because a heavily regulated cooperative, which is controlled by a democratic-type government even when the actual government isn't interfering, because such a cooperative failed ... we need ... more ... regulation ?
I'm trying to dry myself off, come on, God, bring the deluge !
I would say you're a very good example of that.
Besides, your "cure" for "the (willfull) ignorance of the masses" is to give them MORE power to "self-prescribe amnesia pills". We live in a democracy, remember ?