Is it time for reregulation?

[Stinky The Clown]

St Ronnie started it with PATCO. The rush to break all systems and controls and unions and social safety nets.

I think we can all agree that we are the end of that road. And the end is a brick wall. And we're rushing headlong into it at sixty five miles per hour.

When Nixon did this in the early 70s, he was panned for it.

But these are different times and the reasons for reinstating regulations are different. There likely *are* parts of our economy - our entire social fabric - that would benefit from reregulation.

I am a capitalist. I am a business owner. But I am also a person who cares about other people. I favor *regulated* capitalism.

Some things we see today are the direct result of UNregulated capitalism.

That downer cow thing - an unregulated meat processing industry.

Those shitty mortgage products the vampires in the banking industry were selling - an unregulated lending industry

Job losses to cheap foreign labor markets - unregulated capitalism

Insane CEO salaries and bonuses - unregulated capitalism

Derivatives of derivative investment products - unregulated capitalism

And on

And on

I think it is long past time to reregulate a LOT of things in this country.

And keep in mind that UNFETTERED REPUBLICASNISM is what got us here. Crazy fuck presidents and rubber stamp legislators. Culminating in a KNOWN loser being installed as president and backup up by the biggest bunch of Congressional morons in history..

It is unsustainable.

Do you think its time to reregulate not only business, but perhaps otrher parts of society ..... at least until we regain control of things.

[A wise Man]

1. My sentiments exactly

I was saying that to my wife this morning. Since Bush was selected in 2000 and Cheney had his undisclosed energy meetings, and the republican majority party refuse any oversight of this administration as the Supreme courts have been stacked and railed against justic and the law, "THIS COUNTRY HAS BEEN HEADED FOR A DISASTROUS DOWN FALL FOR THE PAST 7 1/4 YEARS, AND WE ARE STILL FALLING."

[Tesha]

2. Yes, of *MANY* things! (NT)

[OneBlueSky]

3. no . . . it's WAY past time for strict re-regulation of corporations . . .

and an end to the practice of they and their lobbyists writing the legislation and the regulations that govern their various industries . . .

[Birthmark]

4. Far too late

Easier to let it all crash down and re-build wisely.

[ProfessorGAC]

5. No Criticism From Me

I have always believed that the dereg movement suffered from a two-dimensional thought process and no ability to assess the consequences in the future.

Sacrifice the power of the middle class, and you sacrifice economic strength. Time to strictly reregulate.

Good post.
The Professor

[applegrove]

6. Yup. Reregulation will result in more mid sized companies. Instead

of simply tiny companies and huge monsters. Tis a good plan to a certain degree. We are already regulated up to the nines when it comes to private property (police and courts) and other things that matter to the rich. We have only deregulated things that don't matter to them. Except for subprime lending. I hope they have learnt their lesson.

[dysfunctional press]

7. deregulation should have never happened in the first place.

but by dumbing down the populace, and demonizing the government in their eyes, the corporati were able to negate the lessons that had been learned as a result of the rise of the robber barons in the 19th century.

[katty]

8. deregulation: convenience for the criminal elite to flourish

[Karenina]

9. "Paulson Admits Deregulation Has Failed Us All"

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3224977

[Stinky The Clown]

10. You know they're desperate when I lifelong Repubic like him says we need to regulte stuff.

They know their house of cards is tumbling down on them.

[katty]

15. yeah, now that THEY are losing as well-time to re-reg!!

[northzax]

11. so what's your business?

and what sorts of regulations are you proposing for it? do you favor a government pricing board? perhaps a board that governs your ability to enter new markets? gives someone else a monopoly? what are you suggesting?

[Stinky The Clown]

12. so what's your argument?

What's your position? Why so confrontational? Why the asshole act? I know you're not really an asshole.

For what its worth, mine is a very small business dealing with intellectual property. Three owners, one employee. We make a living and that's it. Our gross annual billings are less than many people's individual salaries.

If you want to have an actual discussion, I'm happy to have one. If you want a pissing match, go away.

[northzax]

14. not being arguementative

sorry if it came off as such. You said you were a business person who wanted more regulation. So we should start with what you know best. How would you suggest additional regulations for your business and industry? You're the expert. How much you make means nothing, surely there are people in your industry making much more, just as surely you know most companies are not making a ton of money. So what do you propose for additional regulations to make your industry better?

[Stinky The Clown]

17. I won't state my specific buisiness as I am one of a very few people who do what I do

Besides, my business is highly regulated already. Not a complaint ... a fact. It is also a business of very small businesses. Our little firm is larger than average. Most are sole proprietors. All my competitors and me are so small that no one could even afford to fight for reduced regulation. Ironically, the only thing we've been fighting for is licensing (**more** regulation) as it bars entry to the under- or unqualified.

In the larger sense, I'd love to see more pro-competition laws. Laws that prevent big companies form getting too big. Laws that **encourage** smaller businesses to grow and compete with the big guys.

I'd also like to see corporate person hood eliminated and heavy regulation on the influence of business on government.

I also would like to see tax law used to incentivize business to act certain ways and not act certain other ways. Gore talked about this in his campaign.

Those are just for openers and to give a sense of what I'm thinking.

I also wonder (but am not suggesting for sure) about wage and price controls. Mainly price controls on energy.

[Jack Sprat]

13. Yabba dabba doo. So right on.

It is past time. Deregulation has opened the door to thievery in every extreme.

[meow2u3]

16. Reregulation is long overdue

Companies never should have been deregulated in the first place. Look at the consequences of deregulation: out-of control executive salaries/bonuses/golden parachutes, runaway inflation, people pushed into poverty because of cheap labor in countries where tinhorn dictators rule; etc.

[fascisthunter]

18. Regulation Keeps the Economy and Standards of Service in Check

deregulation is dangerous, expensive to the tax payer and stupid.