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CONS: If you oppose further financial regulation,
| Vibrant Set | 03/23/15 |
| Awkward jap address | 03/23/15 |
| mauve thirsty pit | 03/23/15 |
| Vibrant Set | 03/23/15 |
| stimulating candlestick maker tanning salon | 03/23/15 |
| Vibrant Set | 03/23/15 |
| trip range | 03/23/15 |
| Vibrant Set | 03/23/15 |
| mauve thirsty pit | 03/23/15 |
| Vibrant Set | 03/23/15 |
| cracking state | 03/23/15 |
| mauve thirsty pit | 03/23/15 |
| twinkling razzle police squad | 03/23/15 |
Poast new message in this thread
Date: March 23rd, 2015 10:37 AM Author: Vibrant Set why do we need laws prohibiting embezzlement or fraud? Clearly, if you defraud your investors, the "free market" would presumably prefer not to work with you anymore. The only way to justify the laws if is you agree that transparency and prohibitions can actually help ordinary people beyond what the market itself would do. (I understand there's the issue of state v. criminal instead of victim v. criminal, but I don't think it's really relevant. The whole reason to prosecute is to protect the public). (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540194) |
Date: March 23rd, 2015 10:40 AM Author: Awkward jap address um, what? (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540205) |
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Date: March 23rd, 2015 10:44 AM Author: mauve thirsty pit don't play stupid shitcon (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540219) |
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Date: March 23rd, 2015 10:47 AM Author: Vibrant Set (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540231) |
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Date: March 23rd, 2015 10:41 AM Author: stimulating candlestick maker tanning salon Investors aren't always the ones being defrauded/embezzled from. Probably not even in most cases. (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540211) |
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Date: March 23rd, 2015 10:48 AM Author: Vibrant Set It depends on what you mean by "investors," but I would argue that the people who usually pay are depositors at banks (although FDIC should help this, but again, we shouldn't need it with the almighty "free market"), employees who own pensions, etc. My point is, all the information about which individuals, banks, etc. have perpetrated fraud in the past is available online. Just look it up and don't do business with them anymore. No reason to lock them up, it isn't a violent crime. (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540241) |
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Date: March 23rd, 2015 10:51 AM Author: trip range Since when are cons against embezzlement or fraud laws? Cons are typically against insider trading laws, which when you think about it are typically hard to justify except in the case of actual fraud/sinking ship scenarios. (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540248) |
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Date: March 23rd, 2015 10:54 AM Author: Vibrant Set I'm saying they're against financial regulation, which makes more sense to me than embezzlement or fraud laws.
I agree with you though that, yes, in the cons world the free market should contradict any ability to make "insider" trades. This is also why expanding through M&A is so difficult to do profitably. |
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Date: March 23rd, 2015 10:55 AM Author: mauve thirsty pit Why do conturds making 40k a year buy into the anti regulation message? (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540260) |
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Date: March 23rd, 2015 11:00 AM Author: Vibrant Set Political Genius: Impose burdensome regulations on small businesses, remove regulations on big business, get pissed off little guys to vote for you to remove the regulations (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540285) |
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Date: March 23rd, 2015 11:12 AM Author: cracking state because they are motivated by the mindset of a rugged individualist; of course, if they're a farmer getting 50K of subsidies a year, they use mental gymnastics to justify their kickbacks (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540337) |
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Date: March 23rd, 2015 11:13 AM Author: mauve thirsty pit what about prison guards in the middle of nowhere? (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540340) |
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Date: March 23rd, 2015 11:15 AM Author: twinkling razzle police squad They also buy into the American mythology. (http://www.autoadmit.com/thread.php?thread_id=2836874&forum_id=2#27540355) |