Europe's Debt Crisis

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kenneal - lagger
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Post by kenneal - lagger »

emordnilap wrote:As our own Fintan O'Toole put it, "the problem was not the lack of regulation but political culture which allowed it."
I would have said "The lack of regulation and the political culture which allowed it."
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emordnilap
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Post by emordnilap »

kenneal - lagger wrote:
emordnilap wrote:As our own Fintan O'Toole put it, "the problem was not the lack of regulation but political culture which allowed it."
I would have said "The lack of regulation and the political culture which allowed it."
It's a bit misremembered, sorry! The point still stands - regulation, or the lack of it, or the lack of enforcement, is not really the problem. The people who allow it are.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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