Monday, September 22, 2008

Crisis could spark migration to regulated markets

The demonization of free markets (one of the purposes of this “crisis”) continues unabated.  Here the “dark”, unregulated OTC derivatives market is painted as dangerous while the government regulated derivatives market is characterized as safe and responsible.  What they don’t tell you is that it was through government regulation that the entire derivatives market was enabled.

http://www.reuters.com/article/ousiv/idUSN2148962420080922

1 comment:

laura said...

Hey there, I'm the webmaster for AbolishTheFederalReserve.com, and I've posted the End The Fed event on there. I also created a Facebook event for it, but I'm lacking details. Can you please contact me and fill me in on some of the finer details of what's happening, so I can be sure everyone I have signed up knows what to do?

Thanks!

Laura
(laura AT ohiofreedom DOT com)