5stringJeff
Senior Member
jasendorf said:Can't wait for the commodities brokers to get their hands on heart surgery! Energy trading was a huge part of the deregulation of the energy industry. And, now we're seeing $70-a-barrel oil due to what? The laws of supply and demand? No. An increase in production costs? No. What then? Speculating. Pure, unadulterated, money changing. I say we throw them out of the temple.
So go buy some oil futures, if there's such good money in it.
I think you're underestimating the amount of regulation in the food business... but I'll admit they don't check on the illegal immigrants at the slaughterhouses in Nebraska very often.
All in all, there are very few regulations on food production, food prices, etc. All they have to do is give you nutritional info and tell you what's in it. And guess what? Very few people in America go hungry.
Oh, and good call on the deregulation of the airlines... those same airlines gave us the security in place on 9/11. We left it up to the airlines because no company would ever allow air travel to be unsafe because it would hurt their image and, in turn, their profits. Worked great! Thank you deregulation!
I'm talking about prices and choices to the consumer, not security. And to improve security, we could have passed tighter security regulations for the airlines to implement without restricting when and where the airlines did business.
Tell that to the TSA.
Thousands Standing Around? The ones who insist that a 72-year-old grandmother is a threat to safe flying and deserves a strip search, while Ahmed bin-Mohammed with dynamite in his backpack can just walk on through because they don't want to offend someone by racial profiling? Gimme a break.