Comment Re:Solution: Re-Org! (Score 1) 405
Sure, the government makes mistakes but they've also helped bring us cleaner and safer food, cleaner and safer water, and cleaner and safer air. They had to did these things because unregulated private industry was all too comfortable poisoning people to save a little money and they'd still be doing it if they could get away with it.
It's fair to argue over the details behind the new regulation but the financial services industry earned these modest restrictions because they've proven that they are, as an industry, completely unable to reign in the sorts of behavior that led to this crisis.
It's fair to argue over the details behind the new regulation but the financial services industry earned these modest restrictions because they've proven that they are, as an industry, completely unable to reign in the sorts of behavior that led to this crisis.