Comments on: Emailing About Whether We’ve Learned Anything From the Financial Crisis http://www.ohioverticals.com/blogs/akron_law_cafe/2009/10/emailing-about-whether-we%e2%80%99ve-learned-anything-from-the-financial-crisis/ University of Akron School of Law Blog Thu, 18 Mar 2010 20:05:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Alice http://www.ohioverticals.com/blogs/akron_law_cafe/2009/10/emailing-about-whether-we%e2%80%99ve-learned-anything-from-the-financial-crisis/comment-page-1/#comment-2464 Alice Fri, 09 Oct 2009 19:32:20 +0000 http://www.ohioverticals.com/blogs/akron_law_cafe/?p=3252#comment-2464 THANKS FOR YOUR COMMENT, KRISTINA.....I'M READING ''THE CREATURE FROM JEKYLL ISLAND" ANOTHER LOOK AT THE FEDERAL RESERVE"..... IT REALLY DOESN'T SEEM POSSIBLE THAT WE ARE IN THE FIX WE FIND OUTSELVES IN........ THANKS FOR YOUR COMMENT, KRISTINA…..I'M READING "THE CREATURE FROM JEKYLL ISLAND" ANOTHER LOOK AT THE FEDERAL RESERVE"…..
IT REALLY DOESN'T SEEM POSSIBLE THAT WE ARE IN THE FIX WE FIND OUTSELVES IN……..

]]> By: Kristina M. http://www.ohioverticals.com/blogs/akron_law_cafe/2009/10/emailing-about-whether-we%e2%80%99ve-learned-anything-from-the-financial-crisis/comment-page-1/#comment-2459 Kristina M. Thu, 08 Oct 2009 20:45:37 +0000 http://www.ohioverticals.com/blogs/akron_law_cafe/?p=3252#comment-2459 At the risk of this becoming my own blog post, this is what I've learned from the financial crisis: Disclosure is no longer an acceptable method of monitoring government in an information-overloaded society. Things that don't immediately affect you are too easy to ignore. It's easy (and getting easier) to rip off taxpayers. All you have to do is clothe your latest scheme in new polysyllabic nomenclature and seemingly complex mathematical calculations. No one has any financial incentive (and increasingly, no political incentive) to watch out for ordinary consumers. See points above as to why. Fin. At the risk of this becoming my own blog post, this is what I've learned from the financial crisis:

Disclosure is no longer an acceptable method of monitoring government in an information-overloaded society. Things that don't immediately affect you are too easy to ignore.

It's easy (and getting easier) to rip off taxpayers. All you have to do is clothe your latest scheme in new polysyllabic nomenclature and seemingly complex mathematical calculations.

No one has any financial incentive (and increasingly, no political incentive) to watch out for ordinary consumers. See points above as to why.

Fin.

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