Lloyd Blankfein; No place for pure, unregulated capitalism

[NewYorkExpress]

http://money.cnn.com/2015/02/24/investing/lloyd-blankfein-china-capitalism-goldman-sachs/index.html

Goldman Sachs CEO Lloyd Blankfein said that

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and also suggested that the U.S should

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of distributing wealth, comments that seemed to distance him from his Wall Street peers, many of whom still insist on minimum regulations in business.

[Antonio the Sixth]

You put "do a better job" under the quote tag? Seriously?

[Indy Texas]

What do you expect from a Democrat whose father was a union thug mail carrier and who grew up in public housing by mooching off the taxpayers?

[NewYorkExpress]

You put "do a better job" under the quote tag? Seriously?

He said it, not me.

[True Federalist (진정한 연방 주의자)]

You put "do a better job" under the quote tag? Seriously?

He said it, not me.

Which is what quotation marks were invented for.  Try using them sometime.  Not everything has to be put into markup.

[○∙◄☻¥tπ[╪AV┼cVê└]

Only dumbs would think that pure, unregulated capitalism wouldn't be a truly epic disaster. Imagine what the world would be like if there were no environmental regulations.

[True Federalist (진정한 연방 주의자)]

Only dumbs would think that pure, unregulated capitalism wouldn't be a truly epic disaster. Imagine what the world would be like if there were no environmental regulations.

We don't need to imagine.  We only need to look at China.

[AggregateDemand]

Only dumbs would think that pure, unregulated capitalism wouldn't be a truly epic disaster. Imagine what the world would be like if there were no environmental regulations.

Adorable. And it gets more adorable every time you convince yourself that environmental regulations are about moral restraint, saving baby seals and murdering Hummer drivers.

Now I'll tell you how the real world works. In a free-market libertarian system, which relies heavily on civil law, people sue one another constantly for damages. This never really happened did it? What free market are you imagining we lived in?

Environmental regulations are useful insofar as they prevent chaos in the lower courts and they reduce the need of appeals courts to set the lower courts straight. Eco regs also reduce the ability of businesses to thwart civil proceedings by paying off the judiciary and legislature.

We don't have a free market in this country. Not for pollution. Not for healthcare or other insurance or anything else. The government and businesses have been meddling from the get go. Sadly, the government has never really been interested in protecting the market from business coercion. Instead, they hope to enforce a different kind of politically correct coercion.

[○∙◄☻¥tπ[╪AV┼cVê└]

Only dumbs would think that pure, unregulated capitalism wouldn't be a truly epic disaster. Imagine what the world would be like if there were no environmental regulations.

We don't need to imagine.  We only need to look at China.

China has some environmental regulations. No regulations would be even worse.

[○∙◄☻¥tπ[╪AV┼cVê└]

Only dumbs would think that pure, unregulated capitalism wouldn't be a truly epic disaster. Imagine what the world would be like if there were no environmental regulations.

Adorable. And it gets more adorable every time you convince yourself that environmental regulations are about moral restraint, saving baby seals and murdering Hummer drivers.

Now I'll tell you how the real world works. In a free-market libertarian system, which relies heavily on civil law, people sue one another constantly for damages. This never really happened did it? What free market are you imagining we lived in?

Environmental regulations are useful insofar as they prevent chaos in the lower courts and they reduce the need of appeals courts to set the lower courts straight. Eco regs also reduce the ability of businesses to thwart civil proceedings by paying off the judiciary and legislature.

We don't have a free market in this country. Not for pollution. Not for healthcare or other insurance or anything else. The government and businesses have been meddling from the get go. Sadly, the government has never really been interested in protecting the market from business coercion. Instead, they hope to enforce a different kind of politically correct coercion.

Environmental regulations allow basic human rights of  having access to clean water and clean air, rather than dying an early death because they're too polluted.

[Cory]

Now I'll tell you how the real world works. In a free-market libertarian system, which relies heavily on civil law, people sue one another constantly for damages. This never really happened did it? What free market are you imagining we lived in?

*facepalm*

Yeah, because the average citizen will totally have the same access to legal talent as mega-corporations.

[Thunderbird is the word]

What do you expect from a Democrat whose father was a union thug mail carrier and who grew up in public housing by mooching off the taxpayers?

And whose own company was saved by taxpayer bailouts. That's his version of opposing pure unregulated. capitalism. Let the big banks do whatever the  they want a and then get bailed out.

[AggregateDemand]

*facepalm*

Yeah, because the average citizen will totally have the same access to legal talent as mega-corporations.

Enough working-class victim. Baseless lawsuits are settled everyday to avoid the legal cost of a trial. If anything is perverting justice, it's shorthanded judiciary dealing with dockets full of meaningless drivel.