"A criminal is a person with predatory instincts who has not sufficient capital to form a corporation."
Sorry JTC, if you trust the government any more than you trust corporations then you have been severely deceived. Regulations or not, money talks and BS walks...that is just life. All regulations do, for the most part, is eliminate competition for the corporations by putting up barriers to entry. Now you have seen enough of my rants to know that I am very fiscally conservative but do not adhere to any ideology or party. However, this guy is just a useful idiot that has been emotionally charged. What he is saying is simply not true and will not have the outcome that he expects. Regulating the crap out of business will simply eliminate all of the small guys and put even more money in to the "Fat Cat's" wallets. Furthermore, who in the heck do you think is writing all of those regulations? Your friendly neighborhood congressman? Hell no, the lobbyists are pushing the language for all of these bills to ensure that it benefits their clients. Then they burden them with pork riders so they can get passed and the companies stay protected by the very government that is supposed to be regulating it. Screw all of that, I will watch my own back, thank you.
Corporations are not the enemy, they are what puts food on the table and a few dollars in the pocket of the people who work for them. Liberal politicians would love you to think that corporations are the devil but ultimately they are the ones paying the bills and keeping people working. You can't cut off your nose to spite your face. Ultimately, the consumer has far more control over corporations than the government ever will. Liberal politicians and pundits can not admit this fact or they couldn't justify their need for massive government intervention at every level of our life. If we don't buy a corporation's products, they will go belly up. It really is as simple as that.
Before you think that I am some kind of anarchist, I do advocate some basic parameters and rules of engagement in business. I do believe in some regulation (less than now) with very severe consequences (more severe than now) for violations. However, I mostly believe in allowing the market to regulate itself because most government intervention ultimately backfires and fails.
For every state, county and city construction job, bidders MUST have a sort of training apprentice program that the smaller, cheaper non union outfits do not have the money for. So in my state, those bids are starting out incredibly high without the right type of competition from the get go. I believe even my local paper wrote about how expensive that little regulation is for NY taxpayers. It is not out of the ordinary in my area to pay 5k a year property tax on a 100k house...seriously.
I would love to talk to this guy, I do agree there has to be regulation, but we need to make it illegal for any private money getting into the hands of our politicians. When that is ignored, we have what we have today.
Remember this: every corporation ...all of them... every single one, exists to separate you from your money. That is their sole purpose. We hope that we'll get something useful for our money, some product or service that will benefit us. But if they can get our money without providing a useful product or service, or by providing a substandard product or service, they will. The only way to protect the consumer is through regulation. I'm not talking about corporate-sponsored regulation like the crap A.L.E.C. feeds to us; I mean regulations meant to insure that we're not getting ripped off, either as individual consumers or as a nation (environmental cleanups, etc.).
The bills coming out of Washington lately, the ones it sounds like you're referring to as "regulations," are not regulations at all, but rather efforts at deregulation. Industry isn't sponsoring changes to the law that protect citizens. Industry wants laws that strip away protective regulations in order to make it easier to separate us from our money and to decrease their liability when the walls come crashing down.
The guy in the video is a complete moron. Its as if he really believes that one day we can fix government and they will cease to be nothing more than a middle man. All government regulations do is create a political game that the corporations must spend money on by way of lobbyists.
In the video he seems to believe that we humans are a bunch of morons and all in all bad people. Where does he believe our politicians that wind up in office come from? They come from a selected pool of the same population of people he is speaking of. Granted, they are typically smarter than the average person, they are usually just as rotten, if not more so. Most of them are pawns who are bought and sold by lobbyists. They simply have to do a little dance to keep the electorate happy. Government is simply a puppet show for the people.
I also take issue with that guy believing all of us pay no attention to what we choose to spend our money on. Personally I think there are many of us who try to make educated choices about who winds up with our money. The people he is speaking of who blindly feed money to bad businesses are generally those who he wants to give money to by over taxing the wealthy.................... the poor and uneducated. Leave it to a clueless, bleeding heart, liberal to think that way though.
That guy is an idiot.