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Awesome! Let's get rid of building codes, FAA regs, and the Nuclear Regulatory Commission too. If a person don't have the good sense not to go into an unsafe

by dhimes 18y ago

Awesome! Let's get rid of building codes, FAA regs, and the Nuclear Regulatory Commission too. If a person don't have the good sense not to go into an unsafe building/airplane/city, too bad for him/her. Eventually, we'll figure out which ones are safe because the others will end in disaster. Think how much money we could make! woo hoo! [/sarcasm]

sokoloff 18y ago
I re-read my comment pretty carefully and I'm still not sure how the principle of "don't create new government guarantees to back failed private enterprise obligations" has become "we shouldn't have any government regulation of public safety issues" in your mind.
- dhimes 18y ago
  Certainly it wasn't a response to you, personally, but to thinking as a libertarian + but not the problem of the taxpayers that you wagered your retirement on a poorly managed company It is the problem of the citizens to prevent the problem. In fact, it a huge problem we face right now. And the way to do that is to build, as best we can, a stable environment in which to build an economy. In the case above, maybe the company was well-managed when you made the wager. Or perhaps somebody lied. There are certain cases where regulations build consumer/worker confidence and helps the economy and industry grow. Although economic ideas are more abstract than a nuclear power reactor, there are still very concrete repercussions of instability. Taking away the regulations I suggested sarcastically is certainly folly. However, allowing an unregulated economy is also reckless. We are living through an unstable time now, and I don't like it one bit. If my vote counts, we'll rebuild a stable economy, as best we can. Disasters are certainly an inevitable part of our trying to expand the limits of what we can do in any endeavor, but let's at least learn from them.

by dhimes 18y ago

sokoloff 18y ago

I re-read my comment pretty carefully and I'm still not sure how the principle of "don't create new government guarantees to back failed private enterprise obligations" has become "we shouldn't have any government regulation of public safety issues" in your mind.

dhimes 18y ago
Certainly it wasn't a response to you, personally, but to thinking as a libertarian + but not the problem of the taxpayers that you wagered your retirement on a poorly managed company It is the problem of the citizens to prevent the problem. In fact, it a huge problem we face right now. And the way to do that is to build, as best we can, a stable environment in which to build an economy. In the case above, maybe the company was well-managed when you made the wager. Or perhaps somebody lied. There are certain cases where regulations build consumer/worker confidence and helps the economy and industry grow. Although economic ideas are more abstract than a nuclear power reactor, there are still very concrete repercussions of instability. Taking away the regulations I suggested sarcastically is certainly folly. However, allowing an unregulated economy is also reckless. We are living through an unstable time now, and I don't like it one bit. If my vote counts, we'll rebuild a stable economy, as best we can. Disasters are certainly an inevitable part of our trying to expand the limits of what we can do in any endeavor, but let's at least learn from them.