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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (37548)1/11/2013 1:34:58 AM
From: grusum2 Recommendations  Read Replies (1) | Respond to of 85487
 
so....an insurance company decides to just screw policy holders and the gov't shouldn't intervene?
no

A nuclear waste removal company shouldn't be regulated when it dumps toxic waste next to your farm?
no



To: Broken_Clock who wrote (37548)1/11/2013 6:54:37 AM
From: Jorj X Mckie1 Recommendation  Read Replies (1) | Respond to of 85487
 
the only way government is supposed to be able intervene (and it shouldn't be allowed in the markets) is with law.---so....an insurance company decides to just screw policy holders and the gov't shouldn't intervene?A nuclear waste removal company shouldn't be regulated when it dumps toxic waste next to your farm?

The government's role is to protect the rights of the citizens. If a company violates the rights of a citizen(s), then the government has a legitimate role protecting those rights. A nuclear waste removal company that dumps toxic waste next to a farm is most definitely violating the rights of the adjacent property owner.

Your insurance company example is nebulous enough that the answer of "it depends" is all that can be said.