ST Alpha - "People did want to regulate it. But the market had too many "friends" in power." (Reading a Post)

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In response to "but, at the same time, as the old laws are torn down, people will not want to regulate the new stuff" by tRuMaN

People did want to regulate it. But the market had too many "friends" in power.

Posted by the liioulu with batteries (aka liioulu) Mar 20 '09, 15:30

And too many other people seem to believe that the market is the same thing as our economy. They were not interested in reigning what they could point to as a sign of a healthy US economy.

Responses:

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

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People did want to regulate it. But the market had too many "friends" in power.

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