dw57

Financial Crisis and the Need for Reliable Information

not sure thats true. regulation is the same as the laws that make it a crime to rob a bank. its doesn't completely stop it (nothing short of every one being in a prison will) but it does reduce it (a lot usually. but thats partially based on the chance of being caught). so while the regulation existence is only part of the governments job. it must enforce it, and be willing to carry the big stick. we have some regulations today that exist but aren't enforced. we also have regulators (AKA police) that treat those the regulate (aka criminals) as customers.

On Nov 30 03:28 PM JohnAl wrote:

> Asking the government to solve the problem through more regulation
> will only lead to and even greater (and false) sense of security
> in the accuracy of the information.
>