General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMaybe some will realize why government regulation and control of key facets of society is critical
MAYBE just MAYBE some people will realize that the government should regulate and control facets of society that if they fail lead to catastrophic effects including death.
Unfettered greed without government regulation is a horrific problem.
Banks can sell and re-sell bad mortgages that they know would never be paid back...collapse the economy and then get bailed out by the rest of us.
Medicine run on a for profit model that makes billions for people while many suffer and die without health care.
Roads and bridges in disrepair that lead to wrecks, bridge collapses, etc. that cause deaths, breakdowns in the delivery of crucial goods and services that people need.
Power and energy. Electricity, natural gas, etc. where cutting corners can lead to devastating forest fires, people freezing to death, setting their houses on fire or getting CO poisoning as they use kerosene heaters to heat their homes without proper air circulation. This week should lead large groups of people to realize why these need to be regulated and controlled.
We could add schools, prisons, etc.
But we all know what d-bags like Ted Cruz will call for. Let's bail out these electrical companies while not making them pay taxes or regulating fair rates. As usual it is socialism for the very rich and the harshest forms of capitalism for the rest of us.
I hope that those in TX or OK etc will learn from this, but fear they will fall back on voting for the people who hate the same people that they do.
Hortensis
(58,785 posts)JT45242
(2,259 posts)Whether the government limits the effects of greed through regulation or controls as in the TVA, either way would be better than unfettered crony capitalism that we are currently victimized by.
Hortensis
(58,785 posts)ultimately to life, liberty and pursuit of happiness, and to equality. Remember what happened with control in Michigan? The controllers ultimately deliberately started poisoning whole communities.
Wherever power resides and under any system, as we know through many tragic experiences (including every attempt at socialism), of course bad people such as those you are currently labeling crony capitalists would seek control. Its extremely important to make sure they cant have it.