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The problem with this is it probably would allow the government to pick winners via political favors, which would almost assuredly happen in the present climate
by Enginerrrd 6y ago
The problem with this is it probably would allow the government to pick winners via political favors, which would almost assuredly happen in the present climate if even remotely possible.
- vmception 6y agoI'll elaborate to clear that idea up, the government wouldn't be picking in this model, certain frameworks of investor protections wouldn't apply across the entire industry if certain industry wide thresholds were met. so instead of only rulemaking and comment periods to change bits and pieces of the protections, there would be the overarching trend to dictate whether it applies or not