It Is Not From the Benevolence of …

Protect your brand by attacking the laboratories that report the poisons.

Inb Walmart's defense, it isn't the reporting of the levels that's pissing them off, but apparently the reports that the levels are "dangerous".

There seemed to be a lot of toxicologists who said the levels were not dangerous at all. I found the comment of the guy saying "go with natural toys" kind of telling. Natural stuff can be just as poisonous as "artificial " stuff. When a scientific expert starts flogging natural products as being innately more healthful, generally he is bullshitting you.

Yes, indeed the market is good at self regulating... well except for OTC derivatives, credit defaults swaps and well.... rating agencies themselves meant to regulate such products. Triple A here , triple A there... everywhere a triple A. Other then these minor details... well and the 2 infants that apparently died from defective cribs as mentioned in the article.

And the government does such a good job of it too, what with the SEC, FTC, thousands of regulations and regulatory bureaucrats, the Justice Dept., the Banking committee, and so on nearly endlessly.

Why, even the FED was created in 1913 to prevent depressions just 16 years before the 1919 crash.

Yes, it is good that the regulatory regime has kept us on such a smooth, uneventful course for the past 80 decades.

Yes indeed Sam. If you look at the regulatory period from 1933 through 1970 things were very stable a on a relative basis. Few bank failures, strong equitable growth and a strong middle class. Good regulation works better then poor regulation and no societies exist without regulation. We deregulated since Reagan and now all hell has broken loose again and the economy and freedom will suffer. It's really not that complicated Sam. Wake up smell the coffee and join us here in the imperfect but real world.

Muirgeo,

the rating agencies have a monopoly position granted by government regulations. People who would like to start new rating agencies which would not agree with the current A's and triple A's cannot do so by the laws you like so much.

Hey Muirgeo,

How has deregulation of the airline industry worked in your view?

Need help???

http://online.wsj.com/public/article_print/SB12...>

What's a federal bureaucrat to do if they cannot interfere in the market process?

Deregulation? huh?

The Federal Register for regulations was always pretty chunky, but its unbelievable how obese it is now..

If regulations had anything to do with this crisis, lol, then increasing regulations caused the financial meltdown if you take a measuring tape and compare the Fed Reg now as opposed to, say, 20 years ago.

Yes indeed Sam. If you look at the regulatory period from 1933 through 1970 things were very stable a on a relative basis. Few bank failures, strong equitable growth and a strong middle class.

Yes, except for the small matter of the many recessions and even the depression within a depression in the thirties. The government in Washington DC considering sending troops on sweeps through farms in 1948 to confiscate "hoarded" food.

The economic crisis that started in 1968 as the house of caards finally ripped itself apart.

Muirgeo, your 'reality' is nothing but the propaganda spoon fed students at government schools. It has about as much weight as the histories that prove that Jews stabbed the germand in the back in WW I.

Think about it. Why was there so much deregulation during the Carter/Reagan years? (and yes, much of the deregulation credited to Reagan was actually signed into law by Carter)

If everything was humming along fine, what happenned? Why did Nixon feel a need to impose price controls on gas wages etc? Did he do this on a lark?

Why is it "deregulation" when there are there more and mroe pages of Banking laws with each passing year, and never less?

The fact is, muirgeo, Bush has promoted free markets much the way he has liberated Iraq. Geroge Bush is aliar. It may shock you to hear this, since he is a governemnt official, but they actually lie muirgeo. They'll say one thing, and do another.

Remember when George bush called himself an environmentalist president? Does that mean that the environmetalist position is drilling in ANWAR?

Ditto Alan Greenspan. You were very excited when he said that "the free market failed". But what was his alternative? He was the central planner! He was the guy deciding hos much moeny the central bank was going to print. he was te one instructing Congress on how the economy should be managed. What, is he going to say "I fucked up and created an asset bubble?" Have you ever listened to the debates between Ron Paul who is a devote of Austrian Economics and Greenspan? The same Ron Paul who warned of this crisis two, three years ago whil eALna Greenspan and Bernanke were saying that things were "sound"?

Reality based? Mr Muirgeo, you live in a fantasy world that has only the most tenuous links with reality (the names of the presidents are the same, I suppose).

I strongly suggest that you go and start reading Murray Rothbard's Man Economy & State, which is a good introduction to economics. You also might want to read his economic history of the Great Depression. Pay close attention to the differences between the Depression of 1920 and the one that followed 10 years later. Ask yourself, why have I never heard of the depression of 1920? Why was it so minor as to not rate more than a paragraph in my U.S. history class?

We deregulated since Reagan

BS. Where/what is the evidence of deregulation?

Which regulatory agencies had their budgets cut?

Which regulations were removed from the books?

Reagan admitted that he wasn't cutting the size of government, that all he was doing was reducing slightly the rate of growth.

What is your evidence of deregulation after Reagan?

Come on Mr. Fact-based. The evidence.

"...and now all hell has broken loose again and the economy and freedom will suffer." - Muirduck

This bit of muirpidity was presented in defense of St Franklin of Roosevelt, who forbade the ownership of gold, instituted wage and price controls, told farmers when and when not to plant, rationed food, rationed fuel and who idolized Uncle Joe Stalin.

Muirpidity is probably the wrong term for Muirduck's worship of St Franklin of Roosevelt. A more proper term might be muirpocrisy.

"...and now all hell has broken loose again and the economy and freedom will suffer." - Muirduck

This sounds like something a socialist might say in "times of great social and economic upheaval" in order to introduce/impose their "radical" worldview on everyone else. You know, sort of a shock therapy.

FDR

Let us not forget the dumping of milk, slaughter of cattle, and burying of produce, to keep prices up while millions had no job.

Don't forget forcing farmers to destroy stocks of grain they had grown for their own consumption.

It's also comical how the FDR worshippers fail to make the connection between the odd fact that the Depression lasted until a few years after his death.

In fact, standards of living didn't start rising until Truman started abandoning FDR's policies. Crediting FDR for saving us from the Great Depression requires cognitive dissonance on the grandest scale.

"FDR

Let us not forget the dumping of milk, slaughter of cattle, and burying of produce, to keep prices up while millions had no job."

And the knife he stuck in the back of Poland in WWII.

Today, many liberals subscribe to the myth that the New Deal was a coherent, enlightened, unified endeavor encapsulated in the largely meaningless phrase “the Roosevelt legacy.” This is poppycock. “To look upon these programs as the result of a unified plan,” wrote Ramond Moley, FDR’s right-hand man during much of the New Deal, “was to believe that the accumulation of stuffed snakes, baseball pictures, school flags, old tennis shoes, carpenter’s tools, geometry books, and chemistry sets in a boy’s bedroom could have been put there by an interior decorator.” When Alvin Hansen, an influential economic adviser to the president, was asked – in 1940! – whether “the basic principle of the New Deal” was “economically sound,” he responded “I really do not know what the basic principle of the New Deal is.”

[Jonah Goldberg, Liberal Fascism, pp. 129-130]

This sounds like something a socialist might say in "times of great social and economic upheaval" in order to introduce/impose their "radical" worldview on everyone else. You know, sort of a shock therapy.

It sounds a lot like what the Bushniks have been saying for the last eight years, from the "war on terror" right through the current "crisis".

We neglected to mention St Franklin's crowning glory of denying freedom to protect freedom: The internment of certain American citizens for the crime of Japanese ancestry.

It sounds a lot like what the Bushniks have been saying for the last eight years, from the "war on terror" right through the current "crisis".

Like he said, 'socialists'.