The first school of thought, broadly that of the United States’ Republican Party, was that financial regulation was bad because all regulation was bad. The second, broadly that of the Democratic Party, was somewhat more complicated, and was based on four observations:
第一大派系由美国共和党主导，基本理念就是既然所有监管行为都是错误的，那么金融监管肯定也不是好东西。另一大派系则由民主党担纲，其理念也更为复杂，主要基于以下四点观察：