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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mad2 who wrote (18612)9/1/2010 2:09:27 PM
From: Cautious_OptimistRead Replies (2) of 18906
 
One could read that many different ways. "Unpredictable government regulation" could cut different ways..........

No doubt many regulators, state, local as well as federal, become captured, whether by self-serving opportunists or big-government idealogues; and cannot do an adequate job. The landmark Citizens United v Federal Election Commission decision won't help get objective regulators appointed, and I truly don't know what Dan Loeb's considered opinion is on this, or if he would weigh in publically. He appears much more careful with his words in recent years. I can understand his carefulness in this radioactive minefield environment.

The liberals perceive an unprecedented and self-defeating transfer of wealth to the richest Americans at the expense of infrastructure and the social mattress; the political right sees a "socialist" transfer of wealth to the undeserving poor selected to be such by laziness or by God's natural order; that includes many pragmatic, arguably high ROI social nets from the FDR era.

I generally agree with Dan Loeb's conclusion; Personally I support a (WELL regulated and not OVER regulated) merit based free market capitalism but not wild wild west lazzez faire where externalized costs are paid by ratepayers/taxpayers and resulting unmerited supranormal profits are consumed by inside stakeholders.....

I just can't determine where Senior Pink is on the specifics.
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