@11112011 You know a great way of regulating a dangerous market?
Let the companies that played in that market that were going to go bankrupt and close up shop go bankrupt and close up shop.
Companies aren't run by stupid people. If they see all their competitors go out of business because they dealt in risky markets, then they'll be wary of those markets.
One problem with deregulation is this: Companies know a certain practice is dangerous so they don't do it, then it becomes illegal and companies forget that it's dangerous because it's just illegal. Then when it stops being illegal they rush into it thinking that big daddy government was just being a big old meany, and then they get hit really hard causing a massive problem and nanny staters to say "I told you so!"
Let the companies that played in that market that were going to go bankrupt and close up shop go bankrupt and close up shop.
Companies aren't run by stupid people. If they see all their competitors go out of business because they dealt in risky markets, then they'll be wary of those markets.
One problem with deregulation is this: Companies know a certain practice is dangerous so they don't do it, then it becomes illegal and companies forget that it's dangerous because it's just illegal. Then when it stops being illegal they rush into it thinking that big daddy government was just being a big old meany, and then they get hit really hard causing a massive problem and nanny staters to say "I told you so!"
@11112011 It's sad that there really isn't a choice for people who don't want more authoritarian governments. Even the LP is turning authoritarian.