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How did you go from "punishment for multiple crimes and regulatory violations" to "picking winners and losers"? Economists typically think laws governing fraud
by jmlsf 8y ago
How did you go from "punishment for multiple crimes and regulatory violations" to "picking winners and losers"? Economists typically think laws governing fraud should be enforced.
- AnthonyMouse 8y agoLaws should also be transparent. If there is a crime, the punishment should be known in advance and be imposed openly. How else will it act as a deterrent?
- wallace_f 8y agoBut that's not what happened. The law was an "unwritten rule" which was enforced in secret. As another user here stated, regulatory law needs to be enforced openly and transparently.