Quote:
Originally Posted by Radar
Unhampered Free-Markets ALWAYS take care of themselves and have never failed. Only when government involves itself do things fail. Anyone with even the slightest knowledge of economics knows this.
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I am not sure I would agree completely. The system where government is involved in the markets is actually an important aspect. Regulations which control how companies can and cannot act are in important factor in controlling fraud and abuse. It is not perfect but I think it is better. Take for example Enron. A number of new rules and regulations were developed to hold CEO's more responsible for the bottom lines reported to the shareholders and those that trade on the stock in the various exchanges. There are other examples I am sure. It is important that we go after crooked companies and hold them responsible, it is the responsiblity of Government to do that.