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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pogohere who wrote (111115)	4/29/2010 8:29:30 PM
From: Little Joe	3 Recommendations Read Replies (1) \| Respond to of 116555

"Regulators always get in bed with the institutions they regulate. This time will not be different." I believe that is how unfettered free markets operate, no? " I believe that is more like the fascist economic model. Which is where we are evolving in my opinion. lj

To: pogohere who wrote (111115)	4/29/2010 11:37:56 PM
From: mishedlo	2 Recommendations Read Replies (2) \| Respond to of 116555

what a joke The free market does not need special regulators Mish

To: pogohere who wrote (111115)	4/29/2010 11:59:17 PM
From: Joe Btfsplk	2 Recommendations Read Replies (1) \| Respond to of 116555

You have expressed an incredibly naive contradiction in terms. A completely free market would have no interference. Some is necessary; to enforce contracts, adjudicate torts and regulate externalities, best discovered with evolution under common law (you can not piss in my soup without consequences).