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  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,168
    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
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  • greenblood
    greenblood Member Posts: 14,566
    edited August 2021
    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    I agree to a point. It isn't created to help the big guys, but it's generally the undesirable ending consequence. Regulations tend to be convoluted, and the big guys have the money and resources to find ways around them or take advantage of them, while the little guys don't.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,426 Founders Club
    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    No

    It isn't
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  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,168
    edited August 2021
    greenblood said:

    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    I agree to a point. It isn't created to help the big guys, but it's generally the undesirable ending consequence. Regulations tend to be convoluted, and the big guys have the money and resources to find ways around them or take advantage of them, while the little guys don't.
    Sort of. Probably most of the time even. But still an oversimplification. In the Glass Steagall reference I alluded to, no amount of corporate wizardry was ever going to create conglomerates as large as the ones that emerged and held our economy hostage when that barrier was blown up. Smart regulation is hard, but it's not impossible.
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  • greenblood
    greenblood Member Posts: 14,566
    edited August 2021
    GreenRiverGatorz said:

    greenblood said:

    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    I agree to a point. It isn't created to help the big guys, but it's generally the undesirable ending consequence. Regulations tend to be convoluted, and the big guys have the money and resources to find ways around them or take advantage of them, while the little guys don't.
    Sort of. Probably most of the time even. But still an oversimplification. In the Glass Steagall reference I alluded to, no amount of corporate wizardry was ever going to create conglomerates as large as the ones that emerged and held our economy hostage when that barrier was blown up. Smart regulation is hard, but it's not impossible.
    Have you seen the roster we currently trot out there in Washington? A bunch of Clay’s and Jimmy’s. We are fucked Gator
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  • doogie
    doogie Member Posts: 15,072
    GreenRiverGatorz said:

    greenblood said:

    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    I agree to a point. It isn't created to help the big guys, but it's generally the undesirable ending consequence. Regulations tend to be convoluted, and the big guys have the money and resources to find ways around them or take advantage of them, while the little guys don't.
    Sort of. Probably most of the time even. But still an oversimplification. In the Glass Steagall reference I alluded to, no amount of corporate wizardry was ever going to create conglomerates as large as the ones that emerged and held our economy hostage when that barrier was blown up. Smart regulation is hard, but it's not impossible.
    Who hires the lobbyists to write the regulations in the first place?

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  • GreenRiverGatorz
    GreenRiverGatorz Member Posts: 10,168
    doogie said:

    GreenRiverGatorz said:

    greenblood said:

    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    I agree to a point. It isn't created to help the big guys, but it's generally the undesirable ending consequence. Regulations tend to be convoluted, and the big guys have the money and resources to find ways around them or take advantage of them, while the little guys don't.
    Sort of. Probably most of the time even. But still an oversimplification. In the Glass Steagall reference I alluded to, no amount of corporate wizardry was ever going to create conglomerates as large as the ones that emerged and held our economy hostage when that barrier was blown up. Smart regulation is hard, but it's not impossible.
    Who hires the lobbyists to write the regulations in the first place?

    You should look into getting paid for this hard hitting insight. Not quite $10.95 worthy, but damn close.
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  • doogie
    doogie Member Posts: 15,072
    Ok pay me.
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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,541 Founders Club
    GreenRiverGatorz said:

    greenblood said:

    GreenRiverGatorz said:

    RaceBannon said:

    Rule 1

    Regulations help the big guy and crush the little guy. It's science. The big guys pay for the regulations they want

    That's a dumb oversimplification. Especially when repealing regulation is what gave us the TBTFs in the first place.
    I agree to a point. It isn't created to help the big guys, but it's generally the undesirable ending consequence. Regulations tend to be convoluted, and the big guys have the money and resources to find ways around them or take advantage of them, while the little guys don't.
    Sort of. Probably most of the time even. But still an oversimplification. In the Glass Steagall reference I alluded to, no amount of corporate wizardry was ever going to create conglomerates as large as the ones that emerged and held our economy hostage when that barrier was blown up. Smart regulation is hard, but it's not impossible.
    High barriers to entry(from regulation) and market interventionism is what created the need for Glass Steagall in the first place.
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