Powells's Endorsement of Obama

[NJ5]

Final-Fan said:

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2. Adam Smith

"I think a hybrid of his system is best. No regulation, but with strict oversight, which would kinda fit his system still because all oversight would be is protect the people."

This makes no sense. What is the difference? Are you saying that you want a system that identifies problems but is powerless to do anything about them?

I don't understand this "no regulation, strict oversight" thing either. Is it like having a policeman watching you being robbed and doing nothing about it?