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Comment by TylerE | Hacker News Reader

Because regulation worked SO WELL in numerous cases anyone could name (Enron, Worldcom, Authur Anderson, Lehman Brothers...)

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Picking out a small handful of obvious failures is not a useful exercise for or against regulation. Regulation has had numerous incredibly life-chantingly beneficial effects on our lives. Thanks to the EPA, the rivers no longer literally catch fire. I'd trade one Enron for lakes of water instead of lakes of fire any day.

Regulation can be good, regulation can be bad, how you do it matters far more.

I'm not saying it's a bad thing - just that I don't trust it to cover my ass.

I trust it to keep the rivers from catching fire, and planes from falling out of the sky, and the front seat from falling through the bottom of my car.

Yeah - everything is fucked so why do anything? Lets just sit here and criticize everything. And that is the life we choose to live.

That's pointlessly reductionist. Just because we can't do perfect means we should look at a steaming pile of dogshit like it's filet mignon.

The short term solution to "everything's fucked" is to stop making it even more fucked.

Glad that you are able to figure out the shortcomings in your comments. Be constructive vs. generalizing a few negative examples and taking a defeatist attitude to things.

> The short term solution to "everything's fucked" is to stop making it even more fucked.

That's not a solution, that's a vague sentiment.

Are you arguing with yourself?

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