SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : BuSab
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SmoothSail who wrote (11174)12/24/2011 3:20:33 PM
From: Jorj X Mckie4 Recommendations   of 23934
 
Do you remember a couple of years ago when we had the energy crisis here in California? De-regulation was blamed. However, the real cause was a partial de-regulation that hamstrung the energy providers.

De-regulation is not the problem. It's the complex web of dependencies from the original government intervention along witht he subsequent regulations to patch the holes. Remove one of those patches and the house of cards falls.

Here's a thought...maybe we need to allow the collapse of industries that are over-regulated so that we can start over again.

Would it have been better to let the banks go on for the next 10 years building up bigger and bigger card houses?

We are learning the lessons slowly. The OWS crowd still thinks that the banks are the problem. The problem is in Washington DC.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News