Daniel Hannan | Occupy Wall Street Debate | Oxford Union

Regulation and 'compliance' are the death of business, competitiveness and hurts consumers: #bitcoin #banks

Daniel Hannan MEP gives his opposing opinion to the motion of "The House would Occupy Wall Street". Facebook @ http://fb.me/theoxfordunion Twitter @ http://www.twitter.com/OxfordUnion Oxford Union Website @ http://www.oxford-union.org/ Daniel Hannan opens by saying that the bailouts were a crime that will one day be seen as a generational offence. He highlights that he, along with 3 other elected politicians, was the only one opposed to the bailouts along with 87% of the British Public. It's wrong to clobber the little guy in order to reward the corporates. He says that he is opposed because the occupy Wall Street crowd were occupying the wrong place. He says there is a world of difference between being pro business and pro market. He challenges 3 propositions; The Idea that we are living through a failure of capitalism, the banking collapse was caused by a lack of regulat...

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