[QUOTE=fukushimajin;2915024]Definitely the most thought provoking post in the thread (other than the starter) -- I don't know, I guess my bias when I see a problem is to pick up a tool and try to fix it. I'd rather live with annoyance of regulation than the unpredictability of these corruption scandals -- fully realizing that no regulation can do anything but make the scandals less frequent and severe.[/QUOTE]
We all have our predisposed biases here no matter how moderate or objective we try to paint our comments; considering I know little about economics (I'm trying to learn more) it's hard for me to have a bias either way because if I try to make a statement about tax policies or market liberalization I know I will sound like I'm full of sh*t. I have the Republican mantra of "government hands off" in my head but if I was a politician I probably would not know how to implement any of these policies effectively and I think the same thing happens with our politicians. They are unsure of how their economic policies will work so they hire economic "experts" who agree with them to give their policy making this temporary aura of legitimacy.
With regards to de-regulation leading to more corruption I agree with you somewhat but again I can't provide any evidence of it so what does it say? There was massive government waste during the New Deal and Great Society but it isn't called corruption because people don't expect results or efficiency from anything staffed with politicians. Corruption and greed just takes a different form when we alter the system, doesn't mean we shouldn't change the way the government works sometimes but we can't expect selfishness to disappear ever.