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Politics : American Presidential Politics and foreign affairs
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To: Geoff Altman who wrote (25285)1/24/2008 3:30:48 PM
From: Mr. Palau  Read Replies (1) of 71588
 
I agree the SEC needs to be strengthened, and it more likely to happen under Dems than Reps. I dont think we should wait until thousands of our fellow Americans are blown up in Pintos before the market catches up enough to correct it, if it ever does. Indeed, Ford used a free market approach in dealing with the problem, determining on a strictly financial analysis that it was cheaper to keep blowing people up and paying for the litigation than to fix the problem. Personally, I would have preferred in the regulators imposed some minimum standards on every carmaker, so that some floor is set from which they all can compete without threatening public safety. Again, the GOP has largely decimated the agency that would do that.

In the end, we agree that it is a matter of balance, and disagree about where that balance should be struck.

As for candidate's economic plans, what aspects of the dems plans are you troubled by, and how would the GOP ones be better?
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