Govt regulations do nothing but drive the cost up. The govt doesn't know how to run a business. If the lenders are making bad loans and they fold then it is their fault. You should let the business take its natural course not depend on the govt to help it. Let's not forget that 46% of our debt is held by China and Japan. Good job govt...
FDA regulations. Drives the cost of medicine up. Last time I checked the PHARMA companies spending 100s of billions on Lobbyist a year. Who do you think they pass that cost onto?
That problem and a lot more can be eliminated by outlawing lobbyists. Regulations are needed to keep the products safe, especially considering drugs from overseas. There is nothing in the constitution about lobbyists. These politicians are supposed to be working for their constituents, not their parties or the lobbyists. If we forbid corporate contributions to politicians and forbid lobbyists then the corporations would have to indirectly influence congress by directly influencing their customers. Let them gain markets by cutting prices, improving products, and creating new ones. Let the politicians get the wish lists from the citizens, not the corporations.
I think other organization (private) could effeciently take the place of the FDA. The govt. itself has no business telling us what is safe and what is not because we have no idea if there is under-hand money producing these results.
Sure we do. Government programs have open records and are subject to audits. Private Organizations would have to be subject to the same controls if they were to be trusted. There are shady, crooked, underhanded, greedy deals made all of the time in private industry and they never effectively regulate themselves.
Sure they can. But there is an inherent transparency in government. Checks and balances are in place, hearings are open, and most documents are public records. We The People can keep an eye on government better in matters of regulations. The watchers always need watching.
