Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (458171)	2/20/2009 3:31:11 PM
From: combjelly	2 Recommendations Read Replies (1) \| Respond to of 1574192

"For Gods sake GREENSPAN admitted he was wrong on bank regulation... why can't you?" Because Rush says so.

To: Road Walker who wrote (458171)	2/21/2009 10:58:09 AM
From: i-node	Read Replies (1) \| Respond to of 1574192

>>>For Gods sake GREENSPAN admitted he was wrong on bank regulation.. Bank continue to be amongst the most heavily regulated American businesses. But when you talk about "bank regulation", it is totally meaningless if you're not specific as to what you want to see more heavily regulated. Capital requirements? Lending Practices? Ownership? And what about those do want to see more heavily regulated, specifically. Just shouting, "We need more regulation" is pretty stupid if you don't talk about specifics. "More regulation" as a general concept is never a good thing. You have to think about it terms of the problems that need to be solved. Now, specifically, WHAT do you want to change that would have affected the current crisis?