Tuesday, July 15, 2008

Governing Corporate Bad Boys

I am generally as strongly in favor of free markets as I am opposed to government going into business. Nevertheless, big business has repeatedly demonstrated, to the significant detriment of the entire nation, a continual inability to regulate itself for the public good. The sub-prime mortgage crisis is only the latest example of corporate greed run amok hurting nearly every member of our society. It pains me to say it, but business has brought down regulatory wrath upon its own head and I hope it works.


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