A gentle reminder: laugh out loud

Now it's BP.
Yesterday it was Goldman-Sachs.

Whenever ANYONE utters the noun-phrase, "industry self-regulation": LAUGH OUT LOUD!

This noun-phrase ought be greeted with more than the now-trite snicker accompanying the noun-phrase, "Military Intelligence".

There IS such a thing as "industry self-regulation".
It is equivalent to "NO REGULATION"!!!

If this be socialism, so be it.
Socialism is GOOD!
Socialism protects you and me from the rapacious predation of unbridled capitalists!