Quote:
Originally Posted by Greyroofoo
Honest question, but what good is more regulation when you have businessmen with reckless disregard for law and an incompetent government watchdog?
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Because the federal govt has to enact one-size-fits-all laws, regulatory rules that are needed to curtail the big, bad boys end up squeezing out the smaller, good boys. And in noticeable cases (banks, cc), the sins of one brother negatively affect the the rest of the brothers (and their customers). It's always the law of unintended consequences that results, which is why one always has to be cautious and critical of federal govt. "reforms".