News for hackers. Stuff that matters.
Re:Panic of the Plutocrats by partoa on Monday October 10, 2011 @03:42PM (#3095433)
I think the issue here is not that Wall St. should be closed down but rather that it should be better regulated, and when in doubt, regulations should air on the cautious side. No one has a problem with success, even if they don't make a dime from it. The issue here is when people who never shared in the profit, not even in the form of taxes, pick up the bill for all the losses ( http://en.wikipedia.org/wiki/Privatizing_profits_and_sociali... ).

There are no comments on this comment yet.