So, clearly, you are differentiating “Leninist” from “Communist” using a distinction without a difference.
So, the problem you have is that you type things that mean specific things, because words mean things.
The problem you have is that you assume meaning without clarification. If I’m not clear, ask me to clarify. You’ve never done this; you jump to conclusions faster than any debater I’ve ever seen.
I’m not sure if the purpose is to derail the conversation when people call you out on your bullshit,
There’s no bullshit.
Wall Street is not synonymous with the free market, Ron.
I’m sure we’re about to get into some esoteric “Kady-only” definition of “free market”, but if you read my comment, you’d know I specified the derivatives market, which isn’t regulated. It was specifically exempted from government oversight.
OK. The derivatives market isn’t the free market. You’re apparently castigating the entire notion of a free market economy because of derivatives abuse. That’’s absurd, prima facie.
It simply identifies which government agencies that will have jurisdiction, and leaves it up to them to establish the regulations.
Correct. It’s not much.
It will come as a surprise to exactly no one that the agencies have identified some regulations, but don’t have the authority to impose any of them. Which was the point, of course, and why Barney Frank now has a nice cushy gig on a bank board.
Glad we agree on Barney. I wouldn’t say he’s the primary criminal in the events of 2008, but he’s in the top three or four, for sure.