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To write and enforce additional regulations. this is the result. 160,000 pages of rules, some contradict each other. no one understands all of them and yet bureaucracy add more. thousands of new pages every month. regulations might be worth it if they make us safer but they don't. cliff assets has growing to a fund of $50 billion. so i assume you are smart but explain, you say the financial regulations meant to protect the poor investors that got hurt after the bubble burst do more harm than good? >> well, first, let's step back. i don't think zero regulation world is right. >> john: we all ag...

160,000 pages of rules, some contradict each other. no one understands all of them and yet bureaucracy add more. thousands of new pages every month. regulations might be worth it if they make us safer but they don't. cliff assets has growing to a fund of $50 billion. so i assume you are smart but explain, you say the financial regulations meant to protect the poor investors that got hurt after the bubble burst do more harm than good? >> well, first, let's step back. i don't think zero regulation world is right. >> john: we all agree the constitution is good, you can't kill or rob. >> they reco...