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jstoesz
Participantjimmyle,
wow, impugning motives awfully quick, aren’t we?
ParticipantI just wanted to make one other point on this front. Most monopolies/oligopolies are government made by mandate or regulation. Rarely does a company rise to the top and stand there for long periods without some useful legislation.
I think most regulation, especially the really complicated stuff is bound to bite us in the ass, and fortify the big banks against challengers. we are better off just breaking up the systemic risks. We have had a few hundred community bank failures in the last couple years, how come no one fears these failures?
One of the only regulations I can really agree to is a (low) hard limit on total debt a bank may hold.
Maybe I am just being simplistic, and I probably am, because not once have a heard a serious call for limiting the total size of banks.
ParticipantI just wanted to make one other point on this front. Most monopolies/oligopolies are government made by mandate or regulation. Rarely does a company rise to the top and stand there for long periods without some useful legislation.
I think most regulation, especially the really complicated stuff is bound to bite us in the ass, and fortify the big banks against challengers. we are better off just breaking up the systemic risks. We have had a few hundred community bank failures in the last couple years, how come no one fears these failures?
One of the only regulations I can really agree to is a (low) hard limit on total debt a bank may hold.
Maybe I am just being simplistic, and I probably am, because not once have a heard a serious call for limiting the total size of banks.
ParticipantI just wanted to make one other point on this front. Most monopolies/oligopolies are government made by mandate or regulation. Rarely does a company rise to the top and stand there for long periods without some useful legislation.
I think most regulation, especially the really complicated stuff is bound to bite us in the ass, and fortify the big banks against challengers. we are better off just breaking up the systemic risks. We have had a few hundred community bank failures in the last couple years, how come no one fears these failures?
One of the only regulations I can really agree to is a (low) hard limit on total debt a bank may hold.
Maybe I am just being simplistic, and I probably am, because not once have a heard a serious call for limiting the total size of banks.
ParticipantI just wanted to make one other point on this front. Most monopolies/oligopolies are government made by mandate or regulation. Rarely does a company rise to the top and stand there for long periods without some useful legislation.
I think most regulation, especially the really complicated stuff is bound to bite us in the ass, and fortify the big banks against challengers. we are better off just breaking up the systemic risks. We have had a few hundred community bank failures in the last couple years, how come no one fears these failures?
One of the only regulations I can really agree to is a (low) hard limit on total debt a bank may hold.
Maybe I am just being simplistic, and I probably am, because not once have a heard a serious call for limiting the total size of banks.
ParticipantI just wanted to make one other point on this front. Most monopolies/oligopolies are government made by mandate or regulation. Rarely does a company rise to the top and stand there for long periods without some useful legislation.
I think most regulation, especially the really complicated stuff is bound to bite us in the ass, and fortify the big banks against challengers. we are better off just breaking up the systemic risks. We have had a few hundred community bank failures in the last couple years, how come no one fears these failures?
One of the only regulations I can really agree to is a (low) hard limit on total debt a bank may hold.
Maybe I am just being simplistic, and I probably am, because not once have a heard a serious call for limiting the total size of banks.
ParticipantI think everyone wants effective regulation. But today, most regulation is written and passed along to congressmen by the big boys themselves. They write their own rules. It provides a barrier to entry for smaller companies that gives the giant corporate ecosystem a protective shield a against competition.
Just look at who usually provides funding for these big legislative pushes. We are all in favor of regulation, but too often regulation means something completely different.
ParticipantI think everyone wants effective regulation. But today, most regulation is written and passed along to congressmen by the big boys themselves. They write their own rules. It provides a barrier to entry for smaller companies that gives the giant corporate ecosystem a protective shield a against competition.
Just look at who usually provides funding for these big legislative pushes. We are all in favor of regulation, but too often regulation means something completely different.
ParticipantI think everyone wants effective regulation. But today, most regulation is written and passed along to congressmen by the big boys themselves. They write their own rules. It provides a barrier to entry for smaller companies that gives the giant corporate ecosystem a protective shield a against competition.
Just look at who usually provides funding for these big legislative pushes. We are all in favor of regulation, but too often regulation means something completely different.
ParticipantI think everyone wants effective regulation. But today, most regulation is written and passed along to congressmen by the big boys themselves. They write their own rules. It provides a barrier to entry for smaller companies that gives the giant corporate ecosystem a protective shield a against competition.
Just look at who usually provides funding for these big legislative pushes. We are all in favor of regulation, but too often regulation means something completely different.
ParticipantI think everyone wants effective regulation. But today, most regulation is written and passed along to congressmen by the big boys themselves. They write their own rules. It provides a barrier to entry for smaller companies that gives the giant corporate ecosystem a protective shield a against competition.
Just look at who usually provides funding for these big legislative pushes. We are all in favor of regulation, but too often regulation means something completely different.
January 18, 2011 at 8:12 AM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #655210Participantwow you should be an olympic pole vaulter with your leaps in that statement. I think everyone here who opposes CPS from taking kids with impunity must be against ALL regulation. Hell, lets start burning down the rain forest while we are at it. And we all love clubbing baby seals.
Who here thinks, ILR is just BGIG with a new screen name?
January 18, 2011 at 8:12 AM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #655272Participantwow you should be an olympic pole vaulter with your leaps in that statement. I think everyone here who opposes CPS from taking kids with impunity must be against ALL regulation. Hell, lets start burning down the rain forest while we are at it. And we all love clubbing baby seals.
Who here thinks, ILR is just BGIG with a new screen name?
January 18, 2011 at 8:12 AM in reply to: OT: I hate big governments, government overeaching it’s sticky hands #655869Participantwow you should be an olympic pole vaulter with your leaps in that statement. I think everyone here who opposes CPS from taking kids with impunity must be against ALL regulation. Hell, lets start burning down the rain forest while we are at it. And we all love clubbing baby seals.
Who here thinks, ILR is just BGIG with a new screen name?
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