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To: TimF who wrote (9424)4/17/2002 7:38:43 PM
From: TigerPaw  Read Replies (1) | Respond to of 21057
 
most economic transactions to not amount to either theft or fraud
I fully agree, most businessmen work for their profits. The price of liberty is vigilence, even economic liberty and that means having someone checking that the transactions are indeed what they seem.

When regulation is starved of funds and personel, when junk requirements are added to keep the regulators too busy to check for real violations, then another common resource is being destroyed. That is the public trust. Once people no longer believe that most transactions are honest commerce slows to a crawl.

TP