Finance and Capital Investment
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Status Quo Option: Keep the Existing Plank. For all platform categories
we have the option of doing nothing; that is accepting what the LP already
has.
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The LP Platform Currently Reads
The Issue: Government regulation of capital
markets inhibits investment, and creates marketplace advantage for those
with political access, through exemptions to laws against fraud and breach
of contract.
The Principle: Free markets should operate
unhindered by government regulation, while government should punish fraud,
theft and contractual breach without exception.
Solutions: We call for the abolition of
all regulation of financial and capital markets. What should be punished
is the theft of information or breach of contract to hold information in
confidence, not trading on the basis of valuable knowledge.
Transitional Action: We call for the abolition
of the Securities and Exchange Commission, of state "Blue Sky" laws which
repress small and risky capital ventures, and of all federal regulation of
commodity markets. We oppose any attempts to ban or regulate investing in
stock-market index futures or new financial instruments which may emerge
in the future. We call for repeal of all laws based on the muddled concept
of insider trading. We support the right of third parties to make stock purchase
tender offers to stockholders over the opposition of entrenched management,
and oppose all laws restricting such offers.
[If you think the current LP position on this subject is acceptable, then
vote "yes" below. If not, vote "no" below. Either way, please consider the
other options listed on the right sidebar and vote "yes" for all that you
like and "no" for all that you dislike. This is an approval vote; you get
to vote for all of the options that you like.]
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vs. comments about particular proposals.)
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