Re: [RC] Scandalous Regulators

[David R. Block]

Title: ORourke1 Signature

Apologies, I thought you were getting that out of something I had said. I need to quit posting so ******* late. David "When a thing defies physical law, there's usually politics involved."--P. J. O’Rourke On 12/14/2012 11:40 AM, Dr. Ernest Prabhakar wrote: Hi David, On Dec 13, 2012, at 10:43 PM, David R. Block <david.r.bl...@verizon.net> wrote: That does it. One 2 X 4 too many, this camel's back is broken. Why is EVERY comment I make with ANY criticism of regulation reacted to as though I want to ABOLISH all regulation? What's with the all or nothing crap? I'm insulted. Seriously. I apologize if i read something inappropriate into your post.   Can you tell me where I went wrong?  The article said: Romney’s response was to concede that capitalism requires regulation to work, but to insist that the regulation cannot be excessive and burdensome, or ultimately the consumer will be hurt. This is an entirely unsatisfactory response. and specifically: Regulations do not make markets safer, more efficient, or work better for consumers in anything but a superficial sense. Regulation only provides “confidence†and assurancethat only leads to crisis. Regulation does not produce harmonization of markets or insurance for consumers. That sure sounds to me like the author of the article wants to eliminate all regulation.  Did I misunderstand the author? Or are you just saying you disagree with the article? I agree regulatory failure is a *HUGE* problem.  But that's not what the article seems to be arguing -- it seems to be claiming regulation will *necessarily* fail.. -- Ernie P. This has gone far beyond ridiculous and I'm sick of it. I'm glad that you think the government is perfect and that the plethora of regulators and regulations suits you just fine. Did you know that a farmer cannot sell milk to his neighbors? He can only sell pasteurized and homogenized milk. However, should he sell 20 % interest in the cow, he can give 20 % of the milk to the neighbor without all of that. Does that make any sense to you? If it does, then explain it to me. And the war on coal and, therefore, coal fired power generation plants. Remember the EPA in the blackouts and brownouts as you sit in the dark. But no, that's perfectly fine, no matter how many miners are put out of work in one of the poorest regions in the country: Appalachia. The regulators are not saints, and the regulations are not Holy Writ. David   "When a thing defies physical law, there's usually politics involved."--P. J. O’Rourke On 12/13/2012 4:04 PM, Dr. Ernest Prabhakar wrote: Hi David, On Dec 11, 2012, at 9:08 PM, David R. Block <david.r.bl...@verizon.net> wrote: In this administration, it appears that the regulators are helping to put the "crony" into "crony Capitalism."  That's probably true, but what's the alternative?  No regulations whatsoever?  Eliminate the FDA and the public health department? Regularly failure is as much of a problem as market failure, but neither is good argument for eliminating either regulations or markets.  Just for not putting too much faith in them (either in general or specifics). Everything has tradeoffs; we just need to make them with our eyes wide open. -- Ernie P. -- Centroids: The Center of the Radical Centrist Community <RadicalCentrism@googlegroups.com> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org -- Centroids: The Center of the Radical Centrist Community <RadicalCentrism@googlegroups.com> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org -- Centroids: The Center of the Radical Centrist Community <RadicalCentrism@googlegroups.com> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org -- Centroids: The Center of the Radical Centrist Community <RadicalCentrism@googlegroups.com> Google Group: http://groups.google.com/group/RadicalCentrism Radical Centrism website and blog: http://RadicalCentrism.org