The new banking law just went into effect, lo and behold, the banks have found a way to recoup the fees that they lost from the law. I've mentioned this before, but this outcome was totally predictable. A "free" people (or group of people in the case of a business entity) whose purpose is to make money (which is the ultimate goal of every business, otherwise they would be a charitable organization) will ALWAYS outwit anything but the most draconian government. Profit trumps regulation every single time. Sure it may take a while, and the business may have to jump through some hoops, but regulation alone cannot deny profit.
Totalitarian governments on the other hand have shown that they can squash profits, of course then you usually end up with one of two scenarios: 1) the people revolt and throw off said tyranny (not necessarily in a violent way, case in point Shanghai and Hong Kong two of the most capitalistic places in the world despite being in communist China) or 2) the country remains as a third world backwater (a la North Korea), which will eventually lead to 1.
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