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

#46

Quote: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.


You contradicted yourself. You concede that regulation is skewed to help the oligopoly but then cite it as the answer to oligopolies?


The most heavily regulated sector of our economy is the financial sector. Steep curve for those who are in the halls of power to the detriment of competitors and consumers.


Regulation more often than not outlaws competition and innovation. Why? Because most politicians are owned by special interests.
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After Saying Clinton Is ‘Owned’ By Wall Street, Trump Proposes A Ban On All Financial Regulation - by jj82284 - 08-11-2016, 08:08 AM



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