what about the SEC?

On 12/31/07, Don Ferguson <[EMAIL PROTECTED]> wrote:
> Veering totally off topic, but hey, it's fun!
>
> Competition and a free market can solve most problems.  There are some
> that can't be done efficiently - roads, the military, police, etc. - by
> the private sector, and there is a role for government.
>
> Regulated industries are traditionally hamstrung in their ability to
> deliver good market-based service.  Airlines, cellular carriers, local
> exchange carriers.  They've been regulated for so long that they've lost
> any corporate memory of what it's like to provide excellent customer
> service in order to compete for customers.  Government has NO incentive
> to provide excellent customer service to compete for customers, since it
> doesn't have to compete.  It can raise revenue from taxing and so,
> unlike private industry, it doesn't have to depend on its customers for
> its existence.  That's why very few parts of government (and the bigger,
> the worse it gets) provide dazzling customer service.
>
> There are certainly industries that need to be regulated to some extent
> "for the public good", but there are few examples of this working any
> better, overall, than NOT regulating them.  The people who want
> government control of everything go overboard in one direction, and the
> people who want no government oversight at all go the other.  Usually it
> swings in the direction of the former, which is why we have so many
> industries that have lost their way.
>
> Government should not be in the business of competing with private
> enterprise.  That's not what it's for.  I have no problem with a
> well-targeted provision for those who are truly unable to provide for
> their own healthcare.  This, as opposed to those who are unable by
> choice, whose ranks would swell uncontrollably if government provided
> the kind of sweeping centralized "free" healthcare for all that some
> running for office support.  That's the problem.  That's where it comes
> full circle.  Government shouldn't do things the people and the states
> haven't empowered it to do. Government shouldn't compete with private
> industry.  Government shouldn't overregulate private industry either.
> When it does any of those things, we end up with problems.
>
> IRS, TSA, DMV and all the other acronyms aren't examples, they are a
> warning.
>
> Over,
> Don
>
>
> -----Original Message-----
> From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of
> Craig Froehle
> Sent: Monday, December 31, 2007 9:34 AM
> To: [email protected]
> Subject: [OT] US Healthcare (Was "[Treo] Re: New security rules for
> batteries on planes")
>
> On Dec 31, 2007 11:14 AM, Don Ferguson <[EMAIL PROTECTED]> wrote:
> > Government run healthcare for everyone?  Ever dealt with the IRS?
>
> Yep.  And the DMV.  And the TSA.  And the Post Office.  There are
> examples of bad government operations/policies everywhere.
>
> But the government has no monopoly on bad service...just look at the
> cellular carriers...or the large cable operators...or the airlines.
> All non-government operations, yet they seem to have many of the same
> problems.
>
> But, just as there are examples of bad service in both public and
> private sectors, there are examples of good service in both as well.
> Government is rarely the sole problem, but it is rarely the sole
> solution.  My position is that we need to rethink how we do things,
> and companies rarely do anything for the public good that doesn't help
> their bottom lines.  Healthcare is as much of a "public good" as are
> police, fire, military, post office, and education, and we have
> combined public+private solutions to all those industries (e.g.,
> police are paid for by taxes, but you can always hire your own private
> security firm for extra service).  Health care is the only one where
> huge numbers of Americans have no access to a public
> (government-offered) healthcare solution unless they become poor or
> appropriately aged.  A government-run healthcare network wouldn't get
> rid of private insurers, it would merely add another option to the
> competitive landscape (think USPS and UPS/FedEx)...and competition is
> good, right?
>
>
>
>
> Yahoo! Groups Links
>
>
>
>


-- 
==============================
War Eagle

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