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>caused by the government intervention in those markets, and the government's poor judicial system. How exactly did the government intervene to make those frau
by pydry 3y ago
>caused by the government intervention in those markets, and the government's poor judicial system.
How exactly did the government intervene to make those fraudsters commit fraud?
- sokoloff 3y agoWhen the government opens up the feed trough and fails to police it (as often happens), it ought not be surprised when pigs show up this time, just like the last 99 times…
- pydry 3y agoFailing to police is not intervention it is a lack thereof. It's like blaming your alcoholism on your friends' intervention because they failed to stage an intervention.
- h0l0cube 3y agoThe government is charged with employing foresight when designing policy, particularly around financial incentives where the wolves are ready to take full advantage of any available loophole. The incentives need to be perfectly aligned with the desired outcomes, even for adversarial actors
- trimethylpurine 3y agoThe wolf leaving meat out for the wolves isn't a failure to police. The word you might be looking for is corruption. The fact that they assume we're idiots has nothing to do with alcoholism and everything to do with a lack of consequences. It's not THEIR failure to police the system. It's OUR failure to police politicians. There's no reason to assume they are any stupider than the rest of us.