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Mr Stossel,
Extremely well-written article. However there is one paragraph that surrenders your argument that I would definitely delete:
[Clifford Winston and Robert W. Crandall of the Brookings Institution write: "[T]he fundamental problem with most regulation is that the regulatory agency does not have sufficient information, flexibility and immunity from political pressure to regulate firms' behavior effectively. Fortunately, the market, and in some cases the liability system, provide sufficient incentives for firms to behave in a socially beneficial manner."]
I would definitely rethink through to the essentials what they are saying and whether it is not the exact opposite of your entire article and actually makes people like Obestar right?
Think about it and check the premises of Winston and Crandall.
Comment: #1
Posted by: Jasmine
Wed Apr 30, 2008 4:56 AM
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