“Some of those regulation are needed.”
I doubt it.
“You don’t recall the time when GM sold cars that they did not treat the metal to prevent rust do you.”
Actually, I don’t recall the time when the MARKET AS A WHOLE purposely took actions over an extended period of time to hurt itself. Markets don’t do that.
Therefore, markets don’t need regulation.
Then you must have been asleep for the past six years. Rip Van Winkle !!!!