"Regulation - which is based on force and fear - undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. A fly-by-night securities operator can quickly meet all the S.E.C. requirements, gain the inference of respectability, and proceed to fleece the public. In an unregulated economy, the operator would have had to spend a number of years in reputable dealings before he could earn a position of trust sufficient to induce a number of investors to place funds with him. Protection of the consumer by regulation is thus illusory." -- Alan Greenspan TCM, seems like a reputable source to support your views. -- Steve PGP Fingerprint: FE 90 1A 95 9D EA 8D 61 81 2E CC A9 A4 4A FB A9 --------------------------------------------------------------------- Steve Schear, N7ZEZ | Internet: azur@netcom.com Grinder | Voice: 1-702-655-2877 Sacred Cow Meat Co. | Fax: 1-702-658-2673 7075 W. Gowan Road, #2148 | Las Vegas, NV 89129 | ---------------------------------------------------------------------