5 ms·

What backwards Kafka-esque horror show do you live in to believe a 800+ page government report of red tape and regulations is a feel-good outcome. Some people

• Veratyr 11y ago
  Are you really arguing for deregulation of the financial industry in the name of 'liberty'? Lack of regulation leads to things like the global financial crisis.
  • eru 11y ago
    Read your sibling comments. voguchv is just trolling, and is not even complaining about regulation. He's complaining about a post mortem..
• Amorymeltzer 11y ago
  Putting aside the flamebait of your comment, you must not have read the story. The government report was following the massive crash in 1988 and was essentially an autopsy of what happened. One little section fantasized that perhaps a basket of funds might have helped avoid the events leading up to the crash. No regulations, no red-tape, just a postmortem accounting of the crash and a possible proscription.
• RockyMcNuts 11y ago
  Did you read TFA? Someone did an in-depth study of a market incident, noted a gap in the market, someone else filled the gap and made a successful product. They both presumably view it as a desirable outcome. Your aversion to it as a (hardly heavy-handed) government intervention is not really their problem. If the same guy had written a white paper and tweetstorm while employed as a VC or investment banker or economics professor it wouldn't exactly be the difference between liberty and slavery.