Reviews:
 ·magicjack.com
1 edit | reply to old_dawg
Re: Sure said by old_dawg:Just have the nanny state get deeper into our lives. Maybe an IQ test should go along with that service contract?. ... Would you abolish the SEC and FDIC? Just let companies and banks operate "full of surprises?" Leaving it to investors and depositors to figure it out?
Capitalism (markets) work best when there is transparency and predictability. That's why we have zoning laws and building codes.
Requiring informed consent when using a wireless provider is just more of the same.
If you wouldn't get rid of the above-mentioned "nanny-state" interventions in the "market," it's not clear why requiring overage limits goes too far.
If you would get rid of the above-mentioned (things we take for granted as part of ordered liberty and civil society), then you're part of the irrelevant fringe. Your views can be judged accordingly.
Mark |
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| "Capitalism (markets) work best when there is transparency and predictability. That's why we have zoning laws and building codes."
That was one of Goldman Sach's arguments too. |
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Reviews:
·magicjack.com
| said by airtouch25:"Capitalism (markets) work best when there is transparency and predictability. That's why we have zoning laws and building codes." That was one of Goldman Sach's arguments too. Actually, Goldman (derivatives) flourished because transparency was defeated in 1998. We were told "markets get it right."
See PBS, Frontline: The Warning. There's a link in the top-right corner to watch the hour-long program. It's very interesting. Especially at the end, watching an emaciated Greenspan (a libertarian) saying the worldview (markets get it right) which guided his life was proven wrong.
Mark |
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