Tuesday, November 01, 2011
Just Wondering
Would Bernie Madoff's prospective victims have been better or worse off had they lived in a world with no government oversight of investment matters whatsoever?
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Proudly delegitimizing the state since 2005
"Aye, free! Free as a tethered ass!" —W.S. Gilbert
"All the affairs of men should be managed by individuals or voluntary associations, and . . . the State should be abolished." —Benjamin Tucker
"You must first enable the government to control the governed; and in the next place oblige it to control itself." —James Madison
"Fat chance." —Sheldon Richman
—Henry David Thoreau
"Free association . . . the only true form of society."
—Pierre-Joseph Proudhon
1 comment:
Well, I would argue we have the worst of both of those choices. We have the illusion of regulation where those who are playing the Wall Street game make up the rules by which they play and they are constantly changing them. Additionally when they are caught (very rarely) breaking the rules they pay a small fine and go back to doing exactly the same things.
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