[quote=SK in CV]The question is which would have been more likely to prevent it: More and/or better government regulation or less?[/quote]
SK: The problem isn’t the existing regulations. Its the (selective) enforcement of those regulations, and that selective enforcement is continuing under the Obama Administration as well.
As I said, there is much blame to lay at Dubya’s door, but, if we’re being fair and honest, we also need to take Obama to task as well.
The spill in the Gulf isn’t the only mess that needs to get cleaned up. I know that you and I are probably on opposite sides of the political spectrum, but I’d ask you how you feel about some of the proposed regulations, whether its FinReg or Power/Energy. I know you’re a CPA (or were one), so as far as financial regulation goes, you certainly have formed an opinion there.