I'm probably more libertarian than conservative fiscally. I'm definately more libertarian on social issues.
You and I probably agree on 99% of social issues. I consider myself the same way. I can't extrapolate my libertarian social values into business because the stakes are too high. What one does in his/her personal life rarely effects large portions of society, while businesses running amok do.
So I find it more than silly that every time there is a situation/problem/meltdown the extremely lazy left screams "regulation" at the top of their lungs never bothering to take a look at 1. What happened, 2. Could it have been prevented, 3. Why didn't existing regulations prevent or mitigate...etc., etc. I'm also amused that those that wrote legislation regulating industry are often the same one's that write the new regulations when the old ones failed to do what they were intended to do (Chriss Dodd, Barney Frank come to mind).
That is the only "regulation" I am talking about. Maybe I should say "impose/review safety regulations" on the industry. This has nothing to do with regulating any commercial aspects of any business, other than the right wing crying "these safety rules costs jobs, etc" which is BS. And, things evolve. Sometimes people don't think of all possibilities and mitigate them beforehand. And, sometimes mechanical devices just fail. This is a human business and these things will happen; it is how we deal with them moving forward and the steps we take to prevent such a thing from happening again is what the focus should be on, not pointing fingers.
No, it's the left's position that 1. It's the fault of evil big business and the greedy mf'ers that run/own the company and 2. The ONLY solution is more govt., and 3. Even when the company makes every attempt to do the right thing (BP seems to be stepping up to the plate) you guys stay firmly in position on your high-horse wagging your finger as if you've got all the answers (which is typical of the anti-business left).
I noted my surprise in no redundant BOP system on the riser, ie the only thing preventing this from happening is one valve 5000' underwater. If you define the govt imposing failsafe systems designed into the drilling concept to prevent something like this from happening again as just boilerplate "more govt", then we are at an impass here in our discussion. I am far from "left" in my approach to business (ask rhubarb

), and trust me you don't have the market cornered in here between the two of us as the lone defender of capitalism. But I know reality and human nature, and how some industries are not effected by competition, especially in terms of safety. If that makes me a leftist in your mind then sobeit. IMO all the stuff you are saying above doesn't apply to me. Save it for rhubarb and buckwheat.
So, while I admit that regulations are necessary and have written as such many times, I do not believe that govt has all the answers which is why you, Scribe and others on this forum seem so confused. Then, of course the Alinsky tactics come rushing forward because that's how you guys argue.
I know I have never said, or believe, that govt has all the answers. The role of govt is to protect the society it governs thru the use of laws, else you have chaos. The fact we are arguing about this issue, while the the gulf coast is getting oil soaked right now, is frankly mind-boggling. For the first time in my life I will use the word "obtuse" to describe an opinion on a particular subject. No offense, but I just have to use that since Doc called me that the other day and it seems applicable here.
The world is full of risk. I'm sorry to break it to you and Scribe. Sometimes, even the all powerful all knowing elected politicians that run our govt can't keep things like this from happening no matter what regulations are in place.
That's a rough outline of my position on regulations. I hope that clears it up for you.
The world is full of risk? No shyt? Thanks, that clears it all up for me.
I believe this "one shoe fits all" aversion to govt regulations you espouse has alot of gray areas in it.
So, answer this; do you think the govt should impose new safety regulations, if they are possible, to help prevent something like this from happening in the future? Do you think it should even be discussed, or just let the market sort these pesky safety/environment/society things out so as not to harm commerce of THAT particular business?