the stand of “no regulations” is obviously silly. industrialized societies require regulations to protect people’s interests when people are specialized in their functions. you can’t simply pan the fda unless you are a self sufficient farmer.
this argument is simply a matter of details. in truth, you ‘no-regulation’ people do in fact want regulations but only in the areas in which you directly benefit. the arguments about consumer reports, private regulation is ridiculous; without the truth in advertising *regulations*, consumer reports would be overwhelmed by the industry’s paid publications. who do you think has deeper pockets?
regulations are necessary, but they need to be done well. that is the problem, that is the real issue. regulations that provide for the bailout of lenders are stupid when there aren’t regulations that prevent lenders from being stupid.
conversely, regulations on national businesses or local businesses are detrimental when there are no protections for those businesses from outside competition. but since we need and want local regulations that protect the environment, workers, etc, what we obviously need is to level the playing field by regulating trade. simple, obvious and yet retards all over just don’t get it. instead, it’s racism: those japs dont belong here! or fascism: everything the corporations do is good and if you dont believe in corporations, you’re a com’nist! or pollyannaism: well, *i* dont see the problem so there must not be one. so on and so forth. “we need more private watchdogs”… and yet, without regulation of what those “private watchdogs” say, you still can’t trust them.
oh, i’m sure so many of you approve of the deceptions of telemarketers. except when it’s your grandparents who are skinned, who have to come and live with you because they’ve lost everything and it’s now your responsibility, your burden to bear. we’re all connected, we all pay for the mistakes of the ignorant, for the crimes of thieves. this current housing market is a prime example of how good people suffer when the stupid do their thing.
