Quote from PBS's Friday FANTASTIC Bill Moyers: "....He got a Nobel Prize for: 'All regulated industries end up with the industry capturing the regulators.' "The Administration still argues that we should delegate responsibility, going forward, for lots of things around finance.... Delegate that to the regulators. "Now, that's crazy. That's not acceptable. That's NOT what they should do.
...Congress must NOT abdicate this responsibility...."
Katie Couric is the dumbest ass on TV, quite an accomplishment.
pretorious700 8 months ago
that's what you get with no rules or regulations..remember, bell, California?
no one watching, practically paid themselves whatever they wanted.
price is no object.
Voo-doo economics.
78booby 9 months ago
The FED and those rating institutes are completely fraud. They are still shielding those book cooking scams for incomes and convenience.
beancube2010 1 year ago
Quote from PBS's Friday FANTASTIC Bill Moyers: "....He got a Nobel Prize for: 'All regulated industries end up with the industry capturing the regulators.' "The Administration still argues that we should delegate responsibility, going forward, for lots of things around finance.... Delegate that to the regulators. "Now, that's crazy. That's not acceptable. That's NOT what they should do.
...Congress must NOT abdicate this responsibility...."
IOW...need Laws, not regulations.
dugbalaserstream 1 year ago