Investors' Nightmare??

Investor's Business Daily has an editorial about a possible nightmare scenario of a Democratic-controlled government. The gist is be afraid for the Democrats- they will nationalize the Oil Industry and regulate profits.
The editorial mentions the above examples of potential business-killing / profit-killing measures the Dems would offer up. It also mentions the possibly of Obama bullying American companies, ie- governmental interference in Business.

Regulation seems to be the bane of Business. In 2002, Enron rocked the world in unintended ways. It collapsed in stunning fashion, taking with it accounting firms, part of the Houston Real Estate Market, a California Governor, and about $4-6B dollars in illegal revenues. Enron churned and burned Electricity- selling and reselling power to drive up the price in California. To date, the State of California and its citizens have yet to be properly refunded money stolen. In 2003, some Mutual Funds were busted for allowing certain Hedge Funds and large investors to execute late trades and market timing. The bottom line is the small investor was cheated. Those of us that bought into the hype of regular, long-term investing lost out to short-term investors that , in some cases were allowed to pump money into and out of the fund some fast that they were able to claim some profits without ever really investing their own cash. In 2008, we are seeing the US Housing market crater. Unregulated/poorly regulated financial institutions sold mortgages that people couldn't afford, then bundled loans to hide the risk and sold them off. There are 2.2M potential foreclosures today, and the companies responsible for this mess are still fighting regulation.

The bottom line is business is not particularly good at self-regulation, and everyone pays for the failures.