This, like Wall St., is why we need strong government regulation of those industries that can not and will not regulate themselves.

http://spaceghetto.st/sgd/index.php?q=node/23685

There's no winning. Either the gov will regulate and then be lobbied by powerful groups and show favor to said groups (as it is with Monsanto and Co), or there's capitalism run amok.

__________________
1985 CA 300D Turbo , 213K mi

FOOD, inc.

worth watching if you are curious how your food is made.
Warning: You may not want to know.

I disagree with your characterization of this as "free enterprise".
This is more correctly called, "Corporatism", that is where government regulates businesses to protect BIG business, and discourage new business competition.
Free enterprise or capitalism is all about risk and reward. Corporatism is about businesses using government to reduce their risk, but retain their rewards.

__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

Monsanto has always been one of the most predatory and ethically challenged businesses that ever existed.

Be careful, you might make MTUMcCarthy's commie list.

There is a balance between free enterprise and regulation, and the balance is more difficult when a small number of very large businesses dominate one sector. So are you more worried about being abused by business or by government?

One has the ability to take my money thru excessive prices. Or I can do without their product and service. My life might be harder, but its my choice.

The other can take my money, property and freedom, and my life, by sending men with guns.

Which one is potentially the more dangerous to you?

__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

I dont think regulations will ever work while corporation are allowed to lobby congress.

unless we figure out how to keep money from breaking the rules we will never have adequate regulation.

Any regulation must have very sharp teeth backed up by the people of the country.

There is not a level playing field left in the US.

When someone owns the stadium, the field, the equipment, etc.. they are going to force their rules.

__________________

When the power of love overcomes the love of power the world will know peace.
Jimi Hendrix

Realisticly, there needs to be a balance. Industries with very few large companies do need some regulation because we can't always "do without their products or services." Small business and individuals should have as little regulation as possible, provided there is not a health and safety issue (I do want the people who prepare my food and fly airlines regulated to a reasonable degree). It's not a black and white issue.

" Money" breaks the rules?
Isn't that like blaming the gun for violence?

The difficulty is removing the right to lobby w/o infringing on free speech. That's a tough nut to crack.

__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

Hmm, yes, it is blaming the instrument and not the person.

I guess greed would be a better term to use.

I think we need to look to other countries like the UK that have a better handle on the problem then we seem to have for answers.

__________________

When the power of love overcomes the love of power the world will know peace.
Jimi Hendrix

I'll agree with you on "greed" being the problem.
How do you solve that? Is that a proper role for government--to create New Men that are not subject to the ills of human society?
The churches used to teach that sort of morality; but they are mostly irrelevant in this post modern society. From where does morality derive?

__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

I think ending the tax cuts that are in place for the most wealthy in this country would be a good start.

At least we could fix the roads and support the military a little better with the money made from greed.

__________________

When the power of love overcomes the love of power the world will know peace.
Jimi Hendrix

So, in your mind "wealth" = "greed"? Then "wealth" must also be "bad".
If its "bad" then "We the People" have the right and duty to confiscate it?
Is that how you see it?

__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags