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After Saying Clinton Is ‘Owned’ By Wall Street, Trump Proposes A Ban On All Financial Regulation

#43

Quote:All that sounds great if you ignore the reality that regulations create the olgopies you and I both hate. Want some evidence look at the energy sector, regulation says we get one power company to choose from based on where you live and what contract your local county/city decided. Regulation means we get one landline provider (granted that's going tl the wasteside since the open and competitive market of Mobile phones emerged.) Regulation means you have one waste company to choose from again decided by your local county or city. Regulation means we all have one standard for healthcare and you have no right to choose not to participate. Regulation means the state reserves the right to not only pick the winners but also the players.


You want more small business? Let's start with ending favorable treatment by huge corporations that have paid for the privilage of participation and smoke competiton before it starts with the weapon of choice, government regulation.


The state won't save you it only enslaves you.
 

I don't believe the state will save anyone.  But the state is there to create a level playing field for all.  There must be rules, otherwise the powerful monopolize.

 

If you can agree with that, we can start having a discussion about the rest.  But yes, you're right there are laws that our bought out politicians have implemented that make it hard for businesses.  I concede that.

 

But there were several major peices of legislation that protected smaller business and markets that were also thrown out---this deregulation has killed competition and created the oligopolies as well.

 

The fact is this:  It's not black and out.  It's not all free market (because free market means eventual oligopolies and monopolies) but it's also not all state control because that leads to similar gouging of consumers, workers, and entreprenuers...

 

As someone that spends most of my time reading financial statements and annual reports, I'm well aware that most of the benefits and laws are skewed to larger corporations.  Removing laws won't help small businesses.  The implementaiton of law that works for small businesses and workers is needed.  

 

The term "business freindly enviornment" in terms of legislation has been around for decades and it means de-regulating.  It's helped corporations and multinationals, it's hurted small businesses.  I've been witnessing this for a while now.  It's just the fact.  

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After Saying Clinton Is ‘Owned’ By Wall Street, Trump Proposes A Ban On All Financial Regulation - by The_Anchorman - 08-10-2016, 09:44 PM



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