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I think that balance is prosecuting the fraudsters. There have always been laws against fraud. Locks keep out the honest people. The criminals are going to f

by fnid 17y ago

I think that balance is prosecuting the fraudsters. There have always been laws against fraud. Locks keep out the honest people. The criminals are going to find ways around SOX too. I think the real solution here is to stop treating corporations like individuals. Stop allowing them to contribute to political campaigns. End soft money. The enron guys were in bed with washington. You have to end that kind of relationship to prevent the power shift that pushed the balance to the corporations.

anamax 17y ago
> I think the real solution here is to stop treating corporations like individuals. Stop allowing them to contribute to political campaigns. End soft money. The enron guys were in bed with washington. Campaign contributions are the weakest way that corps influence DC. Ending it won't matter in the slightest, and neither will public financing. The only way to keep corps from getting favors from DC is to make sure that DC doesn't have the ability to give favors. Regulatory capture is unavoidable.
- fnid 17y ago
  I think preventing reciprocity for the behaviors that benefit corporations is a step in the right direction.
  - eru 17y ago
    Yes, even if it would be a small step.
  - anamax 17y ago
    Nope - it's a waste of time to even try. Your intent does not determine the effect of various measures. Regulatory capture does (at least in this domain).