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Originally Posted by oldschoolcalgary
retroactive legislation?
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Absolutely not. Rule of law is really one of our strengths over third world countries. Who would work in an industry if you didn't know if you would be breaking potential future laws?
As for Dodd Frank, of course they're trying to be heard on the finer points of legislation. It's how we might actually get laws and regs that are workable as opposed to ones that might actually make economic problems worse.
The problem a lot of Occupiers don't understand is that if you 'abolished' or 'nationalized' the banks the whole society would collapse. That might be totally okay for some of the harder core machine ragers because they feel there's nothing in this society for them anyway. But when you claim you're speaking for the 99%, you also speak for people who want to or already have good jobs. Socialism's all cool until the money runs out, and then you have to have an economic system that fosters economic growth.