http://money.cnn.com/2008/03/31/news/economy/paulson_regulation/index.htm?cnn=yes
Today a proposal for a change to America's financial system was put forth. On the surface, it seems like a good thing. Contrary to what most american's believe, the free-market economical system we have been using is actually hurting our economy. Government regulation to a certain extent will help us become more stable and raise the value of the market. Over the past decade or so, we have gone into a period of deregulation of the market, and our economy has been falling ever since. I think this new regulation could be a good thing as long as they don't get excessive (as it warns at the end of the article).
Discuss