On Sat, Nov 8, 2008 at 11:17 AM, Dan M <[EMAIL PROTECTED]> wrote:

> Ah, the point is that after 50 years of successful government control, it
> was virtually eliminated, then bad things happened.  Your point is that
> because, technically, the government still regulated, bad things happened.

I am beginning to see a pattern of how you make gross simplications to
try to make the situation fit into your pigeonhole of how the
government can save us by making simple and effective regulations to
control the simple financial systems.

Unfortunately, the reality is that there have been thousands of cases
of government interference in the markets for decades now, and each
one can and does have many unforseen consequences. It is incredibly
naive to assume that eliminating or adding to a ridiculously complex
system of regulations will immediately result in disaster or
salvation. Not everything fits into your simple physics models, and
you (and government regulators, and I) do not know anywhere near as
much as we need to if we are to play god with millions or billions of
people interacting in a market.

> No, because we had a government that had X regulations and we had few
> problems of this type for most of the last 75 years.

ROTFLMAO! You really should consider a career in comedy.
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