There was talk on another thread about more regulations for the wall street trading of risky home mortgage loan securities etc- and the fact that ARMs were an outgrowth of an attempt to circumvent regulations- I thought we may discuss it on a more mundane level- taxi cab deregulation- we have a vote on this tomorow- to deregulate is prop #8,
http://www.adn.com/opinion/view/story/356172.html


Two papers that deal with it- seems to be no real consensus if it is good or bad, or really, maybe they are indifferent?

http://www.ftc.gov/be/econrpt/233832.pdf

http://www.econjournalwatch.org/pdf/MooreB...January2006.pdf

Olay- is regulation or deregulation the way to go with business?

For those of you against "big goverment" - should there be any regulation at all, and why or why not?

IF you favor regulation, do you believe that regulation, as a tool of goverment, stifles business? Why or why not?

I would favor regulations that would keep lenders from issuing mortgages to people who clearly cannot pay for them if the rates rise (and or don’t intend to). Most of the laws that need to be in place are state laws but perhaps the government needs to get involved now.