While some regulation is needed over regulation isn't good.
As long as the government is going to bail out banks and other companies these companies will take high risks. Pass a law that bars the government from bailing out poorly run companies. The rest will take care of itself. They will stop making high risk moves and while maybe not as profitable in the short run they will be far more stable.
If you take a long hard look at most governmental regulations they don't really hurt the big companies and banks anyway. They hurt the little guy who is going to be reliant on the government for grants and or government backed loans. Plus they can't enforce those regs now, how in the heck are they going to enforce more? Have you noticed that sense the crash all the regs that have been put into effect? And just how many companies have been caught on em?
Countries who have a business friendly atmosphere are in general better shape than countries with too much regulation. When companies can be competitive in the markets and have room to grow they create jobs. When companies can't do those things you get high unemployment and a poor econemy. You can look up the facts on this wonderful thing called the internet!
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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