Comments on: Ron Paul: Why More Regulation Makes Things Worse

By: Matt

Matt — Wed, 01 Feb 2012 16:52:31 +0000

This is a primary example of why regulations are important in some instances…

http://threatpost.com/en_us/blogs/market-fail-regulations-may-be-only-hope-securing-critical-infrastructure-020112

Also, think back to the Sony attacks, specifically the attacks on the Playstation network. Sony avoided heading their own network administrators advice, no doubt because of the costs that would be incurred to secure their network… AKA the consumers data.

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By: smujismuj

smujismuj — Thu, 12 Jan 2012 20:44:35 +0000

There seems to be an argument about government or no government, when it should be about what government should and should not be. There are good laws, just laws and there are bad laws, unjust laws. I would wholeheartedly support a government that created and implemented just laws. This government does not. But I certainly DO NOT want business interests to ‘police themselves’ or for the market to ‘regulate itself’. The market is amoral. And anyone who thinks that consumers won’t patronize abusive businesses is deluded. Business interests spend billions of dollars lying to the public about everything that will increase their profits.

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By: MDP

MDP — Thu, 12 Jan 2012 00:17:39 +0000

“Is your drinking water safe just because the government says it is?”

More likely than if a polluting company says it is. I don’t think we’d be better off without the Clean Air Act, Clean Water Act, or Safe Drinking Water Act. I don’t trust private companies to clean up their own pollution. Environmental regulations are a good thing for the most part. So are lots of regulation. So it’s meaningless to rail against regulation in a general way. C’mon, Rep. Paul. What specific regulations would you get rid of?

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By: MattMcCredie

MattMcCredie — Fri, 16 Dec 2011 16:23:09 +0000

The whole revolt/revolution comes to mind… I think it’s in our constitution. @jparthum

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By: jparthum

jparthum — Mon, 12 Dec 2011 17:28:57 +0000

For some reason I can’t paste a YouTube link in this reply field. :-/See the Milton Friedman video posted above for a better explanation of how and why the ICC was formed, as well it’s negative (opposite) consequences…

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By: jparthum

jparthum — Mon, 12 Dec 2011 17:23:38 +0000

Great point – Government gets a ‘free pass’ when they fail to protect us because we have no legal recourse, and simply have to accept their failures. This begs the question, “What is government’s incentive for keeping us safe?”. If we assume that ‘ethics’ or ‘morality’ are the only force driving government’s actions, then why would we assume that the same force does NOT exist in the private sector – in ADDITION to their financial motive…?

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By: jparthum

jparthum — Fri, 09 Dec 2011 06:02:34 +0000

http://www.youtube.com/watch?v=Biu7bJAfVNI

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By: jparthum

jparthum — Fri, 02 Dec 2011 19:15:51 +0000

I find it silly (in a scary way) that so many people refer to the 19th century as proof of the FAILURES of the free market! ;-/ http://www.youtube.com/watch?v=dmzZ8lCLhlk http://www.youtube.com/watch?v=dgyQsIGLt_w http://www.youtube.com/watch?v=YmqoCHR14n8

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By: jparthum

jparthum — Fri, 02 Dec 2011 19:02:55 +0000

I find it silly (in a scary way) that so many people refer to the 19th century as proof of the FAILURES of the free market! ;-/http://www.youtube.com/watch?v=dmzZ8lCLhlk

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By: smujismuj

smujismuj — Thu, 01 Dec 2011 16:32:52 +0000

“…we may be invaded because we wouldn’t have a large military [a.k.a. goon squad for banking interests] presence.”

Seriously?

Americans are armed to the teeth.

I dare anyone to invade.

They wouldn’t get two feet across the border.

Nice try at twisting my words around, newbie.

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