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Re:FTX to file for U.S. bankruptcy, CEO resigns by anon291 on Friday November 11, 2022 @12:08PM (#33563444)
Good point. That must mean democrats can do no wrong. /s

This sort of non sequitur is dangerous to democracy.

Re:FTX to file for U.S. bankruptcy, CEO resigns by hotpotamus on Friday November 11, 2022 @12:14PM (#33563526)
You might notice that I didn't say that. But I am skeptical that the party that has branded itself as the anti-regulation party for my entire life is really going to embrace regulation all of a sudden in response to the malfeasance of someone they perceive as being a political enemy.
Re:FTX to file for U.S. bankruptcy, CEO resigns by anon291 on Friday November 11, 2022 @12:16PM (#33563570)
> embrace regulation all of a sudden in response to the malfeasance of someone they perceive as being a political enemy.

Given the GOP's willingness to strong-arm twitter and facebook (remember Trump tried to have it investigated by the DoJ), I feel like regulating companies due to being a political enemy is exactly what I'd expect the GOP to do. Perhaps it's the one time you can be sure they'll start regulating.

From my perspective, the democratic party is constantly talking about how bad Citizens United is (and I am very sympathetic to that) while taking millions upon millions from large companies and wealthy individuals.

Re:FTX to file for U.S. bankruptcy, CEO resigns by hotpotamus on Friday November 11, 2022 @12:26PM (#33563710)
That sounds like more of a weak-arm if they couldn't even muster an investigation, much less consequences. I remember thinking at the time when the Senate called Zuckerberg up to yell at him that if I were Zuck, I would have just said, "thanks for the tax cut, dudes".

And criticizing the system you find yourself in as a result of Citizens United doesn't mean you are not still stuck in that system.

So certainly I welcome politicians of any persuasion who would like to regulate these issues, but as I said, I'm skeptical of the actual intentions.

Re:FTX to file for U.S. bankruptcy, CEO resigns by anon291 on Saturday November 12, 2022 @12:34AM (#33570294)
> I remember thinking at the time when the Senate called Zuckerberg up to yell at him that if I were Zuck, I would have just said, "thanks for the tax cut, dudes".

They can jail you for that.

Re:FTX to file for U.S. bankruptcy, CEO resigns by jker on Friday November 11, 2022 @01:32PM (#33564751)
Indeed, the deregulation that led to the 2008 financial crisis was a thoroughly bipartisan effort, one that began in the Clinton Administration. This is why Brooksley Born is a hero for our times, and Larry Summers, a villain. https://en.wikipedia.org/wiki/Brooksley_Born