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av({"version":"1.0","encoding":"UTF-8","entry":{"xmlns":"http://www.w3.org/2005/Atom","xmlns$blogger":"http://schemas.google.com/blogger/2008","xmlns$georss":"http://www.georss.org/georss","xmlns$gd":"http://schemas.google.com/g/2005","xmlns$thr":"http://purl.org/syndication/thread/1.0","id":{"$t":"tag:blogger.com,1999:blog-1255205710242367002.post-4252494629127331052"},"published":{"$t":"2012-11-06T15:55:00.000-08:00"},"updated":{"$t":"2012-11-06T15:55:12.290-08:00"},"title":{"type":"text","$t":"Quis custodiet ipsos custodes?"},"content":{"type":"html","$t":"\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Ci\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003EThe phrase, as it is normally quoted in\u0026nbsp;\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Latin\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Latin\"\u003ELatin\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E, comes from the\u0026nbsp;\u003C\/span\u003E\u003Ca class=\"mw-redirect\" href=\"http:\/\/en.wikipedia.org\/wiki\/Satires_of_Juvenal\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Satires of Juvenal\"\u003ESatires of Juvenal\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E, the 1st\/2nd century\u0026nbsp;\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Roman_Empire\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Roman Empire\"\u003ERoman\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u0026nbsp;\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Satire\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Satire\"\u003Esatirist\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E. Although in its modern usage the phrase has universal, timeless applications to concepts such as\u0026nbsp;\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Tyrant\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Tyrant\"\u003Etyrannical\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u0026nbsp;\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Government\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Government\"\u003Egovernments\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u0026nbsp;and uncontrollably oppressive\u0026nbsp;\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Dictatorship\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Dictatorship\"\u003Edictatorships\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E, in context within Juvenal's poem it refers to the impossibility of enforcing moral behaviour on women when the enforcers (\u003C\/span\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003Ecustodes\u003C\/span\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E) are corruptible (\u003C\/span\u003E\u003Ca href=\"http:\/\/en.wikipedia.org\/wiki\/Satire_VI\" style=\"background-color: white; background-image: none; color: #0b0080; line-height: 19px; text-decoration: none;\" title=\"Satire VI\"\u003ESatire\u0026nbsp;6\u003C\/a\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E.346–348):\u003C\/span\u003E\u003C\/i\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003EWell i think the idea of regulating the world might be dumb for 4 reasons\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E1.Regulators are human and they don't know\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E2.If they make the economic actors they regulate to act all in the same way if one has a problem we are faced with a systemic problem\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003E3.The\u003C\/span\u003E\u003Cspan style=\"background-color: white; line-height: 19px;\"\u003Ey distort the price signals in the\u0026nbsp;\u003C\/span\u003E\u003Cspan style=\"line-height: 19px;\"\u003Emarket and investors make non economic decisions. (Buy\u0026nbsp;sovereign\u0026nbsp;paper because it is favored by regulators at zero yields)\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cspan style=\"line-height: 19px;\"\u003E4.People stop thinking because after all they are doing all\u0026nbsp;according\u0026nbsp;to the regulators\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cspan style=\"line-height: 19px;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif;\"\u003E\u003Cspan style=\"line-height: 19px;\"\u003EI guess there is nothing to do about this because people still think that a Employment\u0026nbsp;Initiative by the\u0026nbsp;government\u0026nbsp;creates job's and a growth policy creates growth.\u0026nbsp;\u003C\/span\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif; line-height: 19px;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif; line-height: 19px;\"\u003EAfter 10 years of this policies in Portugal we are in deep trouble but people still\u0026nbsp;\u003C\/span\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif; line-height: 19px;\"\u003Ebelieve\u003C\/span\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif; line-height: 19px;\"\u003E\u0026nbsp;that a Development Bank is going to bring development and a market regulator is going to regulate?\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cspan style=\"font-family: Arial, Helvetica, sans-serif; line-height: 19px;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv style=\"text-align: justify;\"\u003E\u003Cbr \/\u003E\u003C\/div\u003E"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http:\/\/thoughtmeme.blogspot.com\/feeds\/4252494629127331052\/comments\/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"http:\/\/thoughtmeme.blogspot.com\/2012\/11\/quis-custodiet-ipsos-custodes.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/1255205710242367002\/posts\/default\/4252494629127331052"},{"rel":"self","type":"application/atom+xml","href":"http:\/\/www.blogger.com\/feeds\/1255205710242367002\/posts\/default\/4252494629127331052"},{"rel":"alternate","type":"text/html","href":"http:\/\/thoughtmeme.blogspot.com\/2012\/11\/quis-custodiet-ipsos-custodes.html","title":"Quis custodiet ipsos custodes?"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"thr$total":{"$t":"0"}}});