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IPFS News Link • Economy - Economics USA

Gov Regulations making a comeback

• Christian Science Monitor
(Hmm, when did it ever leave) Regulation is back in Washington. Subprime mortgage troubles, recalls of Chinese products, rising elecricity prices in certain states, and recent mining disasters have all revived interest in restraining capitalism.

1 Comments in Response to

Comment by William Shaw
Entered on:

The whole point is, regulations should be about the consumer controlling everything through their purchasing of products.
Who better to do the regulating ? If we don't purchase a product for what ever reason, it will no longer be on the market.
Even large corprations cannot last without our purchasing power, They have failed to recognise this fact and eventualy will pay the price.
We are bound by them, only because we buy from them !
Government regulations or non regulations be damned, one is as bad as the other !
We MUST decide what is best for us .