On Oct 3, 2011, at 5:34 PM, Francis Drouillard wrote: > Dump the TSA and have airlines provide their own security. Passengers can > then choose how much security they want. Make airlines insure themselves for > any damage caused by a hijacked airliner. > > There, problem solved the Libertarian way.
Yes, insured by insurance companies unregulated by that ol' debbil gummint, so we can expertly choose an insyurance company who may or may not be fudging the numbers. Of course this is in the skies governed by free-market principled AIr Traffic controllers so we can choose expertly the appropriate set of controllers to use among all the others and simply hope out free-market pilots are well trained enough to dodge the traffic on the conflicting lanes. Finally, since the only way to know how well any given airline's security will work, in a libertarian world where there are no pesky government regulations about obsfucating financial and legal records by corporations, is to know it's rate of failure, which for rare, one off events are entirely impossible to determine. Of course in your free market libertarian world an airline and insurance company will simply declare bankruptcy when faced with any serious claim, because any corporation with even the most half-assed lawyers will structure the airline and insurance companies as one-off corporations, so that ther eis never any ACTUAL risk of paying off claims. Caveat Emptor only works when the consumer has accurate and timely information and is expert enough to evaluate it, AND can afford legal representation to survive through the clogged civil courts system to win out over the more powerful corporation's legal team. In your fantasy libertarian, randian world you're all experts in every possible field and discipline, true Heinleinian heros and the Worlds Most Interesting Man all in one. Are you considering a second career as a lawyer, because that's what a Libertarian world is: of the lawyers, for the lawyers and by the lawyers. Even IF there are laws against fraud, regulations requiring insurance companies maintain sufficient capital to pay off potential losses, and rules previnting liability-limiting tactics, your hatred of government and in particular taxes will lead to underfunding of any enfoircement agency so as to render the laws moot. The logical conclusion of your Free Market, Libertarian, Unconstrained by government regulation world is corporate/gangster syndicates. He who has the gold makes the rules. Most of us don't want to live in such a world, and so elect governments to prevent that sort of thing, because MOST of us are not consumed by the fantasy that we're "true Heinleinian heros and the Worlds Most Interesting Man all in one." "There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs." -- Bruce Johnson University of Arizona College of Pharmacy Information Technology Group Institutions do not have opinions, merely customs -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
