Comment on YSK: Regulations don't exist because governments like them...
Viking_Hippie@lemmy.dbzer0.com 2 weeks ago
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We didn’t regulate the housing market after 2008 cause the people with money were already getting in the driver seat and wouldn’t have it.
Obama put in some regulations on the investment industry with the intent of preventing another sun-prime /derivative crisis.
And Trump removed those protections a few years later for no other reason that Obama had implemented it in the first place.
Krauerking@lemy.lol 1 week ago
We didn’t regulate the housing market after 2008 cause the people with money were already getting in the driver seat and wouldn’t have it.
kent_eh@lemmy.ca 1 week ago
Obama put in some regulations on the investment industry with the intent of preventing another sun-prime /derivative crisis.
And Trump removed those protections a few years later for no other reason that Obama had implemented it in the first place.