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View Diary: From West Virginia to Wall Street: Greed shows the need for tough, smart regulation (102 comments)

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  •  You did say that there are greedy people (0+ / 0-)

    outside of business yet your diary mentions nothing about government greed and abuse. Conservatives don't believe in zero regulation, but they do believe that regulation can be excessive. And excessive regulation can reduce profits and when you reduce profit, you reduce hiring. That's basic economics.

    The danger we're facing is a unelected bureaucracy that is outside the system of checks and balances. This leads to considerable abuse in enforcing regulations.

    Also Ballentine is saying that those being regulated should have some say in the matter. You agree with that hopefully.

    •  no, rightwing squawking point fail (4+ / 0-)
      those being regulated should have some say in the matter.
      Banking deregulation resulted in great loss to the American taxpayer. Put simply, the banking industry had a great opportunity to reform themselves after 2008.

      And, of course, they did the opposite; and like pigs at the trough, ripped off some 2 trillion dollars worth of "bailouts".

      They've proven that they cannot be trusted and deserve absolutely NO say in the matter.

      “Vote for the party closest to you, but work for the movement you love.” ~ Thom Hartmann 6/12/13

      by ozsea1 on Sun Jan 26, 2014 at 10:20:16 AM PST

      [ Parent ]

      •  Wrong. As the first amendment says: (1+ / 0-)
        Recommended by:
        Ian Reifowitz

        "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."

        So those being regulated are guaranteed the right to petition the government.

        You can't deny people their rights just because you feel like it.

        •  corporations aren't people (0+ / 0-)

          And money isn't speech.

          And that has NOTHING whatsoever to do with denying rights because "I feel like it"

          Again, OP fail.

          “Vote for the party closest to you, but work for the movement you love.” ~ Thom Hartmann 6/12/13

          by ozsea1 on Sun Jan 26, 2014 at 06:36:35 PM PST

          [ Parent ]

          •  Wrong again. The Supremes (0+ / 0-)

            have ruled that corporate and labor union speech is covered by the first amendment. And their money is speech. I know you don't like that decision but it's reality.

            •  telling that you'd retreat to that squawking point (1+ / 0-)
              Recommended by:
              terrybuck

              The Supremes ?

              More shallow than I thought you were.

              “Vote for the party closest to you, but work for the movement you love.” ~ Thom Hartmann 6/12/13

              by ozsea1 on Sun Jan 26, 2014 at 09:15:40 PM PST

              [ Parent ]

              •  Actually there's nothing more (0+ / 0-)

                shallow than launching ad hominem attacks when you've lost an argument. I'll give you another chance though. Please explain where I'm wrong in saying that the US Supreme Court has ruled that corporations and labor unions have first amendment rights and their money is effectively speech. And please try to be civil.

                Thanks

                •  not about you, but your commentary (1+ / 0-)
                  Recommended by:
                  terrybuck

                  nice try. though.

                  and just because the Supremes said so?

                  That's a great example of shallow.

                  “Vote for the party closest to you, but work for the movement you love.” ~ Thom Hartmann 6/12/13

                  by ozsea1 on Mon Jan 27, 2014 at 08:26:13 AM PST

                  [ Parent ]

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