More Regulation Here We Come

Click on the title to link to the article. The Treasurey Secretary is proposing more regulation on the financial industry so that we do not have these problems again. We agree that regulation is needed, do not get us wrong. But maybe they should take a look at the system they have in place and figure out where it is broken. Look at how it is that Madoff can be the head of the NASDAQ and still run a multi-billion dollar ponzi scheme. Maybe that would be where we would start. The problem is not enough regulation. The problem is they do not have sufficient regulators and systems that are working. Get rid of the dopes who should not be there and start doing what should have been done in the first place. We are telling you, we would be better off with way less government because they are so stinking politicaly driven they are clueless.