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  • Don't Blame Deregulation For This Crisis, It's All About Lack of Regulation  [View article]
    There is a *huge* difference between true "regulation" and "taxpayer corporate subsidies".

    Examples of true business regulation that is actually *beneficial* to the average taxpayer and consumer:

    Slavery outlawed
    Child labor laws
    Anti-racketeering laws
    Anti-Trust laws
    Anti-discrimination/in... laws
    Anti-pollution laws
    OSHA/worker safety laws
    FDA food safety inspections

    Examples of NON-regulation corporate handouts ("socialism for the rich") frequently mistaken for actual regulation:

    TARP
    Bear-Stearns/AIG bailouts
    Nationalization of Phonie & Fraudie
    Fed's 2% (soon to be 1% or 0%)
    MID for non-owner-occupied flip houses, HELOCs and cash-out refis
    Oct 07 18:14 pm |Rating: 0 0 |Link to Comment
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