un1ty

I struggle with this, a little, because of this premise: if you need a financial expert, are you going to hire a gardener or someone that headed up a financial corporate entity for a few decades? The problem is that they're unelected and therefore somewhat unaccountable. Also corrupt as fuck. If the regulators were regulated for conflict of interest instead of rubber stamped A-OK...

knightwarrior41

pretty much this both are the prob because currently are they in bed together

driftersgold

They forgot Justice Clarence Thomas.

dv1155

This is the purpose of government regulation, working by design. You pay the democrat party money, they make "bad things" happen to your competitors and give you an exemption to the same regulations that choke them to death. McDonald's gives millions to democrats, gets a full exemption to the Obamacare mandates . Competitors who refuse to pay protection money to democrats are shut down by the mafia Democrat party.

SemenBiscuit

Yeh, Monsanto is the problem... maybe the FDA, EPA and USDA are the problem.

magnora

So you don't think food should be regulated to make sure that it's not poisonous? Like just let companies do whatever they like? Sounds like that would work out great. /s

If they're willing to abuse the existence of the regulatory agencies, you'd better believe they will abuse the fuck out of a situation where there is no regulation.

magnora

Maybe those things are there to protect us, and they're being abused. Removing them completely just opens the doors to all kinds of corporate abuse.

Upvoats_McGoats

Yup, wouldn't want laws about which drugs are safe to use, which chemicals pollute the environment or which foods are safe to eat would we.

What the fuck are you libertarians smoking?

un1ty

As a libertarian, NONE OF YOUR DAMN BUSINESS (get it? - probably not otherwise you wouldn't have made that comment).

Yes. the EPA - a long list of do good deeds. I remember the time they saved the Colorado mining town from certain destruction... oh wait, they caused it.

Keftedes89

Just the fact that they literally kill people for oil should help you wake up. The government has become a gang. They choose which chemicals are bad whether supported by studies or not (THC for instance). They are more prone to lobbying because they have no one to fact-check or compete with. I am smoking the good shit.

reconstructedcaribou

I can't trust the government to balance its budget, respect my privacy, or stop meddling in other countries business, why would I trust them with my medicine, environmental interests, and food?

Buttershine

You can't trust the U.S. government, you mean.

Keftedes89

I tried pointing this out in another thread and got downvoated. Government is the problem not big corporations.

SemenBiscuit

I also love the responses. SO YOU THINK WE SHOULD JUST LET CORPORATIONS POISON US? yes. that's precisely what I meant.

jerry

Government is supposed to help keep those big corps in check. Problem is those corps infiltrate government and then we all get super fucked

Upvoats_McGoats

Without government regulations these companies wouldn't need to pretend to comply with the law; they'd be free to do whatever the fuck they wanted with impunity. How is that a good thing? Corporations do what is in their best self interest. Over a hundred years of industrial revolution in this country shouldn't be ignored.

FisherOfMen

There is a thing that is "unseen." The invisible hand of capitalism.

If you had a bad company, and the government wasn't preventing people from making new companies to compete with it, the bad companies would be driven out by insane competition.

What if an oil company charged too much for oil? Someone could say, hm, I'll dig the oil and sell it for a penny less, and make a ton of money! Then someone does the same to him. And it all works out.

But no-- short sighted people like you have set things up so that second step can NEVER HAPPEN because of licensing, regulation, and an utter prevention of creative destruction in the market.

Keftedes89

Corporations only care about money. You force harsh regulations and high salaries then they move abroad and do the same thing they wanted to do in the first place.

Techman

That's because those destination countries want to put up with that nonsense. Workers need to get paid, and corporations need to realize that this isn't their playground to destroy.

VoutGuy

Nah, that's just 15 coincidences.