Conspiracy Theories? (8 Viewers)

Fred

Senior Member
Oct 2, 2003
41,113
#71
I don't subscribe to that. You leave these corporations free to do whatever they want and you get results like the GM story in the 70's(the one that was exposed by Ralph Nader) or the similar Ford story.

Corporations just can't be trusted in a free market, there has to be some sort of accountability and some sort of regulation.
 

Bjerknes

"Top Economist"
Mar 16, 2004
115,946
#72
As I've always said, it depends on the sort of regulation.

GM was bailed out. Perhaps instead of over regulation, you should have very little, but then let Karma hit these guys. GM's Karma should have come in 2009 and they should have went bankrupt. But no, our "regulation" turned into backstopping them.

Regulation ALWAYS turns into corruption. That needs to be changed.
 

Fred

Senior Member
Oct 2, 2003
41,113
#73
As I've always said, it depends on the sort of regulation.

GM was bailed out. Perhaps instead of over regulation, you should have very little, but then let Karma hit these guys. GM's Karma should have come in 2009 and they should have went bankrupt. But no, our "regulation" turned into backstopping them.

Regulation ALWAYS turns into corruption. That needs to be changed.
Well naturally thats true.

The sort of regulation i am talking about is more consumer protection laws, more laws against monopoly, more laws that help enforce competition etc.

The US government bailing out GM, AIG and the banks is definitely not government intervention i am advocating.
 

JBF

اختك يا زمن
Aug 5, 2006
18,451
#76
Oh I forgot this was the conspiracy theories thread. Those must be the Alien signs that were talked about for so long, this guy must be a big Alien compatriot who simply use his position to serve those green bastards :agree:
 

X Æ A-12

Senior Member
Contributor
Sep 4, 2006
87,934
#80
Maybe because that hand gesture looks better than a simple thumbs up or middle finger? I mean what other hand gesture would they make?
 

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