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Are you trying to argue that, under your proposed system of laws, we would need to re-litigate (for example) murder or arson for every new generation? Seems a b
by dvt 4y ago
Are you trying to argue that, under your proposed system of laws, we would need to re-litigate (for example) murder or arson for every new generation? Seems a bit silly. Either way, precedent can be freely overturned, so the Securities Act isn't immutable. It's just that most people still think it's a good idea.
- sneak 4y agoMost people aren't aware of securities regulation at all. Note that I didn't propose any alternate system, I just pointed out that the majority of the laws we live under were not a result of our being represented in any way.
- johngladtj 4y agoYes, all laws should have expiration dates built in, and the more controversial the law is the shorter that expiration should be. A law passed 51-49 should not persist after that legislative period has passed. A law passed 100-0 may be reasonable to persist for 50 years.