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Originally Posted by flstf
More oversight seems like a good idea until one considers the ethics of those who will appoint the overseers. It is sad when one considers that unchecked capitalism will not work and capitalism checked by our polititians is not much better. The captains of industry and our polititians seem to do very well regardless of the state of the economy.
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This is why there should be no campaign contributions from the market, only from individuals and with a limit. This is also why corporate lobbyists should be tarred and feathered.
Quote:
Originally Posted by flstf
Wouldn't it be great if a system could be implemented where those responsible decision makers in power would take a lion's share of the losses.
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They do. When oil eventually starts to topple, everyone in big oil's pocket in government will wither and die.