I've been listening to all this whining about how post-Enron accounting reforms have stifled the US markets, and I've been thinking that that is such a huge load of crap.
Doesn't it seem like a smart investor would want to buy into companies that are forced to comply with strict accounting regulations? And if the US markets are losing share, isn't simply part of the natural growth of other world markets?
Right?
Well, it turns out that Robert Reich agrees with me.
Wednesday, December 06, 2006
Subscribe to:
Post Comments (Atom)
2 comments:
Are you and Robert Reich, implying free-marketers are only selectively free-marketers?
Why yes, I believe I am.
Post a Comment