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Politics : Politics of Energy

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To: Road Walker who wrote (1268)8/8/2008 12:32:12 PM
From: Joe Btfsplk  Read Replies (1) of 86355
 
more pages of regulations....

OK I'll bite. Then what are all the pages for?


Bureaucrats trying to justify their existence.

Absent political pull ala ADM, businesses are subject to consumer sovereignty. When Maytag blew a hard won reputation for quality they were gone in short order.

The kind of people who qualify for teacher's colleges largely captured the education business with political influence. Their incentives are not to emulate and improve on successes. Unlike Maytag, they blunder on.

We've increasingly ignored good advice:

A wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government.

In lieu of wise and frugal we have Maxine Waters, Pelosi, Ted Stevens, et al.

The concept of a spontaneous development of extended orders is counterintuitive. We ignore founding principles at our peril.
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