Profile overview for kmaphygn.
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3 highest rated comments:

Welcome Reddit Refugees! submitted by spyder228 to Gundeals

kmaphygn 0 points 24 points (+24|-0) ago

whats a ccp

Welcome Reddit Refugees! submitted by spyder228 to Gundeals

kmaphygn 0 points 7 points (+7|-0) ago

Obviously they should be called upvoats. How is it possible that this is not the case?

Welcome Reddit Refugees! submitted by spyder228 to Gundeals

kmaphygn 0 points 5 points (+5|-0) ago

I got you fam

3 lowest rated comments:

Citigroup Enforces Gun Control Restrictions On Customers submitted by Zanbato to Gundeals

kmaphygn 0 points 0 points (+0|-0) ago

"I hate it when the government tries to regulate things I like"

"The government should regulate the things I don't like"

checks out, I guess?

Regulation isn't a check on institutional power. There's a reason that Zuckerberg recently said Facebook probably should be regulated.

Regulation prohibits new entrants into a market, and thus benefits incumbents. Citi, et. al. are already huge, and already have entire departments full of lawyers who can easily a) lobby the regulatory regime to benefit them, and b) easily comply with and absorb the compliance cost of regulation.

A new entrant into the marketplace (say, for example, a pro-2A credit card company) would have overwhelming costs associated with complying with the regulations that were setup in part by Citi to prevent the new entrant from gaining marketshare.

Why else do you think Google was super happy about Title II regulation?

Citigroup Enforces Gun Control Restrictions On Customers submitted by Zanbato to Gundeals

kmaphygn 0 points 0 points (+0|-0) ago

I get why people want for this to be true. It really just isn't. We wish that the FDA was keeping people safe from bad drugs like Thalidamide. But the reason we were "right" about the Thalidamide disaster when England tragically wasn't is more a quirk of history than good policy. Confirmation bias led to FDA moving slowly and demanding extraordinarily expensive studies - such that bringing a new drug to market now costs an average of $2 Bn. That may be okay for Pfiser and Astra Zenica, but it's shit for anyone who isn't an established company - literally cost prohibitive. It's also the reason despite many states having medical marijuana laws that there's basically no research being done. Given that it's a plant and not a patented chemical, there's no way to guarantee recovery of that investment. Contrast this with MDMA which is right now undergoing Phase III trials for use in patients with PTSD.

It's so bad that now they're talking about fixing bad regulation not by removing it but by adding new regulation the "Right to Try" legislation (which recently failed)

So do you think that Bayer, Pfiser et. al. are opposed to FDA regulation? Nope. They're very much in favor of it, because it reduces competition by increasing the barrier to entry.

This isn't a "knee-jerk reaction" - it's a statement of reality. "It can be" on the other hand is an aspirational statement of how we wish for regulation to work. Not how it actually does.

Citigroup Enforces Gun Control Restrictions On Customers submitted by Zanbato to Gundeals

kmaphygn 0 points 0 points (+0|-0) ago

and yet despite my giving concrete examples where it's a fucking mess, you have countered with ... "nuh uh"

e: here's some supporting documentation:

Mercatus center

ChangingMinds.org

CATO Institute

Brookings Institute

And fee.org just posted a relevant article on why it would be bad to nationalize sites like Facebook.

https://fee.org/articles/so-you-want-to-nationalize-facebook/