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2011-10-14 -Short Attention Span Theater-

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Posted by Ominous1 2011-10-14 15:00|| || Front Page|| [2 views ] Top

#1 Regulation serves the same purpose as unions - reduce the supply. Regulations keep the existing outfits in business, while discouraging new entries. Regulation is protectionism. Regulation protects the status quo.

Which means it protects the weak and the stupid - those that the free market would winnow out. A regulator's dream is a fantastic buggy whip, perfect in every detail, made by dozens of makers, none of whom sell a one. Perfectly regulated, and low carbon-emissions, too!

Posted by Bobby 2011-10-14 18:59|| 2011-10-14 18:59|| Front Page Top

#2 In the end, it would be the sort of Stalin/Trotsky ice pick kind of love.

Posted by Procopius2k 2011-10-14 20:34|| 2011-10-14 20:34|| Front Page Top

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