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Thread: Regulations at 'Lowest Count Since Records Began Being Kept in the Mid-1970s'

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    Newpublius's Avatar Senior Member
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    Quote Originally Posted by Peter1469 View Post
    Cutting regulations is one big success over the last year.
    True, though I do wonder if the result will be dampened because let's face it, I think we all know who is in the on-deck circle.....

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    Chris's Avatar Senior Member
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    This is from another thread, not to pick on crep, but it is what reminded me to post this thread about deregulation.

    Quote Originally Posted by Crepitus View Post
    I disagree on the regulations. The current market bubble is based on the belief that Trump will remove even more regulations than he has already freeing them to make ever more risky moves and will lead inevitably to another crash.
    See, I disagree. In a less regulated market, people will make investments, of time, money, labor, etc, but do so with greater caution knowing what they do is less regulated and thus more risky in terms of having to deal with consequences of investment directly and personally. A more regulated market actually means people are more protected from the consequences of their investments and will take more risk on bad investment knowing the regulations will bail them out. That's what happening in the housing market, it was so regulated as to make people think invesment was safe, any investment, giving out mortgaes to people who had no qualifications and doing so with any percentage down in cash, but it didn't matter for when the bubble burst and the market crashed, the government stepped in a bailed them out. More regulation is not safer overall, it's more risky.
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    nathanbforrest45 (01-06-2018)

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    Kacper's Avatar Senior Member
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    Quote Originally Posted by Chris View Post
    Do what? Cut regulations, govt workers?
    Common Sense Government: Works Better and Costs Less by Al "I Know Which side of the Post To Put Your Fence Rails On" Gore https://books.google.com/books?id=Km...ce CFR&f=false

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    Quote Originally Posted by Kacper View Post
    Common Sense Government: Works Better and Costs Less by Al "I Know Which side of the Post To Put Your Fence Rails On" Gore https://books.google.com/books?id=Km...ce CFR&f=false
    OK, thanks. Not familiar with that but do remember Clinton and Gore's efforts. My impression was they managed to reduce the busget but at the same time, throught better efficiency, make government more powerful.
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    Quote Originally Posted by Newpublius View Post
    Fair enough but remember the population continues to grow. If they could just freeze government in terms of employees/spending, in 10 years, it would be demonstrably smaller in relative terms.

    A nominal decrease is wonderful actually.

    Well, it is better than a stick in the eye but as was pointed out government has not actually decreased in size, it has merely moved from the Federal to the State level and the states are even answer less to the people then the Feds do. Four cities for example control all of the regulations in Tennessee, Knoxville, Memphis Nashville and Chattanooga. The governor answers to those four cities and fairly much ignores the rest of us. Every state has the same demographics. Getting rid of 16,000 federales and hiring 140,000 state agents doesn't do much to help us.
    Political tags - such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth - are never basic criteria. The human race divides politically into those who want people to be controlled and those who have no such desire.
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    Quote Originally Posted by Chris View Post
    OK, thanks. Not familiar with that but do remember Clinton and Gore's efforts. My impression was they managed to reduce the busget but at the same time, throught better efficiency, make government more powerful.
    It was before the left went off the deep end. The right too really. September 11, 2001, and all that followed really did a number to the collective psyche in ways that are hard to delineate. I still think there is an inherent bitterness/hatefulness in the American soul connected to it and the wars that followed that manifests in some pretty covert ways. The free-floating anger, especially in public discourse/public policy is like nothing I have ever seen or would want to see in America. I am not sure the common sense or bipartisanship are virtues or will ever be again anytime soon.

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    Quote Originally Posted by Kacper View Post
    It was before the left went off the deep end. The right too really. September 11, 2001, and all that followed really did a number to the collective psyche in ways that are hard to delineate. I still think there is an inherent bitterness/hatefulness in the American soul connected to it and the wars that followed that manifests in some pretty covert ways. The free-floating anger, especially in public discourse/public policy is like nothing I have ever seen or would want to see in America. I am not sure the common sense or bipartisanship are virtues or will ever be again anytime soon.
    Let's hope not. Bipartisanship and compromise just means Conservatives kowtow and step and fetch for the Left.
    IT'S JUST BORIS!





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    Quote Originally Posted by Chris View Post
    This is from another thread, not to pick on crep, but it is what reminded me to post this thread about deregulation.



    See, I disagree. In a less regulated market, people will make investments, of time, money, labor, etc, but do so with greater caution knowing what they do is less regulated and thus more risky in terms of having to deal with consequences of investment directly and personally. A more regulated market actually means people are more protected from the consequences of their investments and will take more risk on bad investment knowing the regulations will bail them out. That's what happening in the housing market, it was so regulated as to make people think invesment was safe, any investment, giving out mortgaes to people who had no qualifications and doing so with any percentage down in cash, but it didn't matter for when the bubble burst and the market crashed, the government stepped in a bailed them out. More regulation is not safer overall, it's more risky.
    I'll grant you the you, yourself, might be more cautious but I think you are being optimistic in the extreme to assume others, particularly people who think they will be making lots of money, will be.
    I don't insult, I diagnose.

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    Quote Originally Posted by Crepitus View Post
    I'll grant you the you, yourself, might be more cautious but I think you are being optimistic in the extreme to assume others, particularly people who think they will be making lots of money, will be.
    No, it's a well know psychological disposition.



    From Otteson, The End of Socialism

    It's not all that different from the fact we're more careful spending our own money and less so spending other people's money.
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    Quote Originally Posted by Chris View Post
    No, it's a well know psychological disposition.



    From Otteson, The End of Socialism

    It's not all that different from the fact we're more careful spending our own money and less so spending other people's money.
    You are assuming that these people will think a less regulated market is more dangerous. I think they will feel safer with less regulation. I think they currently worry about running afoul of government regulators more than anything else.
    I don't insult, I diagnose.

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