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Old 06-03-2019, 05:35 PM   #1887
Tyrone Slothrop
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Join Date: May 2004
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Re: Doesn’t Matter Who Wins the K Race; We’re All the Same

Quote:
Originally Posted by sebastian_dangerfield View Post
In order:

Campaign finance law: I don't care so much about prosecuting people for violating this in terms of donations. Dinesh D'Souza's case comes to mind as a recent, silly prosecution. I do care about violations where the money is stolen, such as Duncan Hunter's case.

Money laundering laws: Depends on the purpose of the laundering. Drug money I find hard to be offended about, given banks can legally accept and loan money to pushers like the Sackler family. Seems arbitrary to have a fit about holding El Chapo's money while countenancing banking for any opioid maker. And money laundering laws are also too broadly written. Structuring a transaction to keep it off uncle Sam's radar should be legal. The govt has no right to full disclosure of everything. It's a catch-all charge too often abused.

Antitrust: I have no problem at all with antitrust laws. I don't know why you included this here.

Securities laws: To this day, no one has clearly defined insider trading. How can that charge hold any credibility? Generally, I think securities laws are too numerous and byzantine. I don't even know where to start as so many of them should be repealed. But I can make one finite point about many of them: They more often act as barriers to entry, preventing changes in the securities industry, than they do as preventative or protective devices.
All of the crimes I listed affect large numbers of people without being particularly grave for any one of them. You don't seem to care to try to prevent that sort of conduct.
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