In response to:

Washington's Take is Now More than Wall Street's

wiseone Wrote: Aug 13, 2012 3:32 PM
Ransom rails against legislation that is spawned from emotion (almost always the emotion of anger), but a more general problem with modern legislatures is that they tend to think that making something illegal will prevent it from happening. There is hardly anything in Sarbanes-Oxley or Graham-Leach-Bliley that makes it harder to break the the law or easier to prosecute than the laws they replaced. Also, we have seen that when Democrats run the Justice Dept. even those that get caught breaking the law aren't prosecuted. And it's not just white-collar financial crime (like Corzine) that goes unpunished. Look at the New Black Panthers, illegals getting amnesty under Obama's imperial Executive Orders, and the perps in Fast and Furious.

Ask any entrepreneur you know and they’ll tell you that raising money is the hardest thing they have ever done. 

Sure there is a ton of money out in the world. That’s why prices for dot coms went way up. And despite the subsequent bust, it didn’t stop money from moving into real estate. And when real estate busted, it hasn’t stopped money from moving into metals, oil and other commodities with astonishing rapidity.

Despite a sluggish economy in the U.S. in the last decade, world GDP had roughly doubled in that time from $32 trillion in 2000 to $63...