Tuesday, June 3, 2014

GOP Ideas for Regulatory and Financial Reform

I will give you three guesses what the GOP have in mind for reform and the first two don't count! If you said loosen regulations, you win the prize!

Here it is in a nutshell: "The surest way to foster a more entrepreneurial economy is to limit regulation, reform the financial system, and allow for “permissionless innovation,” in which innovators of all kinds are given the room they need to experiment with new business models without fear of running afoul of incumbent-protecting regulations."

http://ygnetwork.org/regulatory-financial-reforms-combat-cronyism-modernize-economy/

So GOP have taken a term used to describe internet openness and applied it to ALL new businesses. Does that make sense? Should everyone with a new idea for a company be allowed to start up a business and not be subject to rules and regulations? I don't think so! And if you don't either, then please GOTV in November and Vote for Democrats. Democrats want new businesses to develop but believe we need regulations to check corporate greed and profit taking tendencies. 

http://www.democrats.org/democratic-national-platform

http://www.whitehouse.gov/economy/middle-class/dodd-frank-wall-street-reform


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