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"When questioned about the devastation that currency speculation caused to countless millions in Asia when his type of gambling caused cataclysmic chaos, (George) Soros replied casually that 'As a market participant, I don't need to be concerned with the consequences of my actions.'" - Brian Cloughley, "Scoundrels of Great Wealth"
But corporations/owners/capitalists/the Rich, the media which they bought and paid for, and the "think" tanks (propaganda agencies) they created to spread their Gospel of Mammon wail that regulation and taxes stifle their tumorlike economic growth and "creativity," that they strangle their ability to take risks, to willingly invest in the economy for the greater good of the country, to which one must say "deja moo," I think I've heard this bull before. Between the Great Depression and Ronald Reagan, financial markets were tightly regulated to prevent the re-occurence of just such another unregulated financial catastrophe, and corporations/ owners/ capitalists/the Rich were highly taxed. Those were the years of America's all-time high growth and prosperity. All the bull snowballing downhill since Ronnie Raygun's Regime has, at last, hit the fan.
So perhaps re-regulating the rules of their little financial game, taxing corporations/owners/capitalists/the Rich at a rate higher than they'd like, that they're not able to negotiate their way out of by buying off our erstwhile "representatives", one comparable to that paid by the rest of us may not only be fair on the face of it, but absolutely necessary to prevent their speculating themselves and all the rest of us into financial Armageddon.
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