The Flaw in the Ointment
Human nature is the flaw in the ointment of deregulation it manifests itself in the guise of efficiency and lower costs but exposes all of us to the dangers of mismanagement.
Throughout the spectrum of industrial sectors the only thing that matters is profit. Less government oversight, less regulation, and less accountability all improve the opportunity for increased profits.
Do not make any mistake about it, the total value of the citizens of this country, is nothing compared to the value businesses put on themselves. If the banking or financial industry fails because of mismanagement they will and have been bailed out. If a commercial airplane crashes because of mismanagement it will be argued that air transportation is the safest it has ever been, though, that will be little relief to those that lose loved ones in crashes. If someone gets sick from tainted food it will be investigated, publicized, and addressed but it will not repair the mismanagement in the industry.
We all have a price on our head it is not what we think it is, it is, what is settled for after a law suit or a company pays for damages.
The USA is a government of the people and for the people remind your representatives of this fact.
Sunday, February 28, 2010
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