"You probably never heard of the Triangle Shirtwaist Fire in New York City or
hundreds of other sweatshop, nightclub and hotel disasters which took the lives
of hundreds of workers"
You probably never heard of Bernie Madoff who got away with ridiculous things even
amidst the allegedly "vital government regulations" and gvt watch dog agencies designed
to "protect the public".
Were there more or less people injured by the Enrons and Madoffs 40 years ago
before all the watchdog agencies?
A fly by night securities firm can quickly meet all the S.E.C. requirements, gain a false sense of
espectability to the public and proceed to fleece the public. In an unregulated economy,
the operator would have had to earn a position of trust.
Oh for christ sake. Why don't you go down to Florida after the next big storm
and see how many of these DIY palaces survive the storm. Never happened yet
that dozens of homes weren't blown away.
Oh and I am sure Al Gore and his merry men of gvt will solve it!
just like the Corps of Engineers did such a swell job down there in New Orleans!
LOL
I'd trust a private enterprise builder any day over a gvt built building!
Government is often the enemy of consumers and in the pocket of big firms and unions.
In the private sector, when a company fails, it usually ceases operations.
The opposite happens in government....when gvt fails we call for more gvt?....lol
Michael who audits the gvt? The government? The watchmen are evaluating themselves?
Some would survive, some would not. Sorry, CU4, that is just not good enough.
But the gvt and society does that every day.
Things like toothpicks are allowed.
We could live without toothpicks pretty easily.
People choke to death every year on toothpicks.
But yet we do not outlaw toothpicks.
Thus "some survive, some don't survive".
We make those kind of choices every day as a society.
CU4, once I wade through all of that BS about who is producing and who is not,
the end result is that some schlockmeister who wants to get rich quick building shit-houses
is going to make a killing (no pun intended) in an unregulated market and because of his
limited liability corporations is going to evade all responsibility to his victims when one of
his masterpieces collapses or burns to the ground. Something which just will not happen
in a well-regulated market.
Government regulations waste taxpayer money and don't keep us safe. In fact they give a
false sense of security and crowd out private certification mechanisms because people assume
"the government is taking care of this." In general there are two choices....the way of the
market, or the way of the corrupt politicians/bureaucrats. Clearly, you prefer getting screwed
over by politicians and bureaucrats I prefer the market making most choices.