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This would have been better if you posted it on Halloween, all doom and gloom, demons, monsters and hedge fund managers... shiver Anyways. As usual, finding th

by rrrix1 3y ago

This would have been better if you posted it on Halloween, all doom and gloom, demons, monsters and hedge fund managers... shiver Anyways. As usual, finding that regulation sweet spot is clearly still as hard as ever. Less regulation is better than more regulation, until it's not. Although, in situations like this, I feel like having too much is better than not enough.

smolder 3y ago
It's not the amount of regulation that matters, it's the intent. Is it written to benefit a greater good, or written to benefit a political party's benefactor? The same applies to removing regulations. Where did the intent lie? New regulation and repeal are most often shades of grey --bad mixed with good in terms of overall consequences, disproportionately helping a few at some expense to the many. That's what happens when minority interests with a lot of money are overrepresented in government, lobbyists write bills, etc.