Wednesday, December 06, 2006

If it ain't broke, don't, you know, say that it is, just so you can make more money and stuff, ya greedy bastard

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.

2 comments:

Grant Miller said...

Are you and Robert Reich, implying free-marketers are only selectively free-marketers?

vikkitikkitavi said...

Why yes, I believe I am.