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To: Wolfie
I agree with you in part-- the difficulty is to create regulations intelligently crafted to reduce risk without disproportionately benefitting one firm (or sector) over another and without overly tightening credit and destroying markets.

I cringe with fear when I think of the corrupt economic illiterates in the Dem majorities trying to write such regulations.

34 posted on 09/15/2008 11:23:40 AM PDT by pierrem15 (Charles Martel: past and future of France)
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To: pierrem15

Indeed. “Intelligently crafted” and Congress don’t go together. As for disproportionately benefitting anyone, that’s exactly what the system is designed to do, provided the proper payoffs...oh, excuse me...lobbying efforts, have been made.


35 posted on 09/15/2008 11:31:23 AM PDT by Wolfie
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