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You can look at see what a unregulated us banking system looks like, it's alive and well right now. Crypto is a hot mess of scams and fraud. It wasn't far in th
by thatguy0900 4y ago
You can look at see what a unregulated us banking system looks like, it's alive and well right now. Crypto is a hot mess of scams and fraud. It wasn't far in the past that rivers caught on fire, either. Regulation isn't perfect but neither is megacorps having free reign to conduct psychological tests on the public at large to see how much stupid shit they can manipulate them into thinking as their whole business model.
- zhxshen 4y agoCompany dumps creosote into the ground for 40+ years. Somebody blows the whistle, EPA prosecutes the whistleblower. Company gets a slap-on-the-wrist fine, while the whistleblower gets house arrest. https://theintercept.com/2016/11/25/did-the-epa-prosecute-and-jail-a-mississippi-lab-owner-because-of-her-activism/ https://theintercept.com/2016/11/25/did-the-epa-prosecute-an... Administrative law is broken. Doubling-down on it isn't going to solve the problem.