Too much regulation?

Sub-prime markets and derivatives were fully deregulated due to Greenspan's belief that banks would self regulate.

I love the YouTube title.

Upvote for Ron Paul being forced to say something else than he always does.

Hehe, Socialist Bill Maher. This new modern red-scare naming game is humorous and sad. Sad sad sad.

Comment hidden because you are ignoring dag.(show it anyway)

>> ^Farhad2000:
Too much regulation?
Sub-prime markets and derivatives were fully deregulated due to Greenspan's belief that banks would self regulate.


I think though that there was still a "perception" of regulation - enough that people felt confident to invest their money. If the government made an announcement "we're not regulating shit. caveat emptor mother fuckers" people would be much, much more conservative with their investments.

At least I think that's what Ron is saying.

>> ^Farhad2000:
> Too much regulation?
> Sub-prime markets and derivatives were fully deregulated due to Greenspan's belief that banks would self regulate.

and you're probably aware that Greenspan was among the most vocal critics of the Federal Reserve, until he got put in charge of it. nice, eh?

but since regulation can be a weaselly and charged term, which rarely gets a proper definition?

the 'regulation' that we need more of is simply the SEC, FBI, etc, being allowed to do their jobs and enforce laws against fraud, insider trading, bribery, and whatnot.

the 'regulation' we could do without is red tape, created solely to justify an ever-inflating budget. or regulation that's just protectionism, or some other intervention into a free market on behalf of either the supply, or demand, side.
one protectionist example paul gave in his last book is american sugar. and it's the reason that, not so long ago and ever since, soda suddenly got made with high-fructose corn syrup instead.

just sucks this guy isnt president

lol, AMEN STONER!
what other conservative could get bill maher's audience excited?

That's right. Now we have to let the free market run its course instead of getting our paws into it too much.

>> ^Farhad2000:
Too much regulation?
Sub-prime markets and derivatives were fully deregulated due to Greenspan's belief that banks would self regulate.

revisionist history, right in front of our eyes.

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