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the other side of that

Posted by tRuMaN (aka Truman) Mar 20 '09, 15:25

is that markets are way more inventive now, then they have been in the past with financial derivatives, etc.

so they will pass regulators by at some point.

which also happened this time, like it did back in the 30s.

Responses:

[deleted] 16
- but, at the same time, as the old laws are torn down, people will not want to regulate the new stuff - tRuMaN Mar 20, 15:26 15
  - People did want to regulate it. But the market had too many "friends" in power. - the liioulu with batteries Mar 20, 15:30 3
    - no, no one with any ability to regulate it wanted to regulate it - tRuMaN Mar 20, 15:31 2
      - There were a few but they were voices in the wilderness. - the liioulu with batteries Mar 20, 15:32 1
        
        yes, and there will be again. -- nm - tRuMaN Mar 20, 15:34
  - [deleted] 10
    - no, lawmakers will never learn. - tRuMaN Mar 20, 15:28 9
      - [deleted] 8
        
        sure, but look at what happened this time - tRuMaN Mar 20, 15:33 7
        
        [deleted] 6
        
        honestly, - tRuMaN Mar 20, 15:35 5
        
        I think we limit them to a set amount, they can't use any more than that, not through any means. - the liioulu with batteries Mar 20, 15:40 2
        
        sure, but you would have to rewrite all the laws regarding that - tRuMaN Mar 20, 15:41 1
        
        Of course not. Campaigning is too big a business these days. -- nm - the liioulu with batteries Mar 20, 15:44
        
        [deleted] 1
        
        hehe. true, probably. -- nm - tRuMaN Mar 20, 15:37

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the other side of that

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