Only a bunch of commies would want to bring the derivatives market under control.
I trade derivatives for a living - STAY AWAY FROM MY MONEY. If I smell class warfare on Freerepublic then where do I turn? Will I be forced to descend to the level of those who criticize my way of earning a living? Will I be forced to vindictively claim that carpenters, doctors, plumbers, etc. all require greater government oversight?
You do not have to regulate derivatives, you just need to make it illegal for our government to bail out the companies that sell them.
Problem solved.
The way to bring derivatives under control is to refuse to bail out those who get in trouble using them.
This article is a complete and utter joke: its analysis is embarassingly inaccurate and its recommendations are overtly Marxist. Lyndon F’in LaRouche? Really?