# Snake oil, literally

**URL:** <https://community.cartalk.com/t/snake-oil-literally/69366>\
**Category:** General Discussion\
**Created:** [November 9, 2011, 7:48pm UTC](https://community.cartalk.com/t/snake-oil-literally/69366 "2011-11-09T19:48:21Z")\
**Posts on this page:** 4\
**Page:** 2

<div class="post-metadata">

**Author:** ![cigroller](https://avatars.discourse-cdn.com/v4/letter/c/c68b51/32.png) [@cigroller](https://community.cartalk.com/u/cigroller)\
**Post date:** [November 11, 2011, 12:56am UTC](https://community.cartalk.com/t/snake-oil-literally/69366/21 "2011-11-11T00:56:23Z")

</div>

In what way are the laws not “regulatory meddling”? There’s some line there whereby one category is “laws” and the laws are ok, and then a whole other category that is “regulatory meddling”? That’s just muddled.

---

<div class="post-metadata">

**Author:** ![Rod-Knox](https://avatars.discourse-cdn.com/v4/letter/r/a183cd/32.png) [@Rod-Knox](https://community.cartalk.com/u/Rod-Knox)\
**Post date:** [November 11, 2011, 1:38am UTC](https://community.cartalk.com/t/snake-oil-literally/69366/22 "2011-11-11T01:38:00Z")

</div>

We would have avoided the current recession if there had been some “regulatory meddling” in the derivatives markets. CDSs were and are a catastrophe for the economy but Wall St demanded that the government should leave them to sort it out for themselves. Then later, they wanted a $trillion to clean up their party.

---

<div class="post-metadata">

**Author:** ![oblivion](https://avatars.discourse-cdn.com/v4/letter/o/3ab097/32.png) [@oblivion](https://community.cartalk.com/u/oblivion)\
**Post date:** [November 11, 2011, 10:33pm UTC](https://community.cartalk.com/t/snake-oil-literally/69366/23 "2011-11-11T22:33:00Z")

</div>

The stuff pouring out of that bottle looks like used oil from a car with a bad head gasket!

---

<div class="post-metadata">

**Author:** ![Rod-Knox](https://avatars.discourse-cdn.com/v4/letter/r/a183cd/32.png) [@Rod-Knox](https://community.cartalk.com/u/Rod-Knox)\
**Post date:** [November 12, 2011, 3:03am UTC](https://community.cartalk.com/t/snake-oil-literally/69366/24 "2011-11-12T03:03:10Z")

</div>

Yes, oblivion. It certainly does.

[Previous page](https://community.cartalk.com/t/snake-oil-literally/69366.md?page=1)