Only a follower of Ayn Rand could look at this mess and say it's due to over-regulation of the markets. If the Randians had their way there would have been no regulation at all and this mess would be a billion times worse. Look at what the companies did with the regulation that still exists and imagine the excess that would have occurred if they had complete free reign. They'd be giving $500,000 mortgages to homeless people and selling million dollar houses to dogs.
Sunday, September 21, 2008
Idiots With No Brains...
http://www.time.com/time/politics/article/0,8599,1842879,00.html
Only a follower of Ayn Rand could look at this mess and say it's due to over-regulation of the markets. If the Randians had their way there would have been no regulation at all and this mess would be a billion times worse. Look at what the companies did with the regulation that still exists and imagine the excess that would have occurred if they had complete free reign. They'd be giving $500,000 mortgages to homeless people and selling million dollar houses to dogs.
Only a follower of Ayn Rand could look at this mess and say it's due to over-regulation of the markets. If the Randians had their way there would have been no regulation at all and this mess would be a billion times worse. Look at what the companies did with the regulation that still exists and imagine the excess that would have occurred if they had complete free reign. They'd be giving $500,000 mortgages to homeless people and selling million dollar houses to dogs.
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