Is government regulation in the private industry a good thing?

frogsrangers · 07-26-12, 08:44 PM

Depends on what's being regulated and the size and scope of the regulation

byronbb · 07-26-12, 08:51 PM

Could pinnacle operate in a regulated american market and still offer their low cost product??? Maybe not....

The Kraken · 07-26-12, 09:02 PM

Originally posted by byronbb

Could pinnacle operate in a regulated american market and still offer their low cost product??? Maybe not....

No. Look at Vegas. They usually do not have the best numbers. But you are guaranteed to get your money. You also win regardless of line errors. So it's give and take.

Chi_archie · 07-26-12, 09:11 PM

regulated hookers is cool too

I am writing a thesis paper on the regulation of race and reproduction rates in inner cities

Waterstpub87 · 07-26-12, 09:15 PM

Some industries and functions yes. To the extant that many people think, no.

CarpeDime · 07-26-12, 09:20 PM

regulation is always bad

banks should be able to do WHATEVER they want

people always say "but banks cheat and steal trillions of dollars out of society".........ok well then START YOUR OWN BANK AND THEN YOU CAN DO IT TOO, or, get an Ivy MBA and JOIN ONE OF THE BANKS

people complain about scams and corruption but in the US EVERYONE has the opportunity to be one of the ones who benefits from scams and corruption, if they are willing to work hard to become one

there should be NO labels on food and companies should be able to put WHATEVER they want in food, same goes for all other kinds of companies

people complain about companies that make money while polluting air and water, but again, if you are so upset about it, then YOU CAN START YOUR OWN COMPANY that makes money while polluting air and water, and stop trying to tell other people what to do just because you want them to be as lazy as you

golfrulz · 07-26-12, 09:24 PM

Originally posted by CarpeDime

regulation is always bad

banks should be able to do WHATEVER they want

people always say "but banks cheat and steal trillions of dollars out of society".........ok well then START YOUR OWN BANK AND THEN YOU CAN DO IT TOO, or, get an Ivy MBA and JOIN ONE OF THE BANKS

people complain about scams and corruption but in the US EVERYONE has the opportunity to be one of the ones who benefits from scams and corruption, if they are willing to work hard to become one

there should be NO labels on food and companies should be able to put WHATEVER they want in food, same goes for all other kinds of companies

people complain about companies that make money while polluting air and water, but again, if you are so upset about it, then YOU CAN START YOUR OWN COMPANY that makes money while polluting air and water, and stop trying to tell other people what to do just because you want them to be as lazy as you

r u frickin serious dude

Waterstpub87 · 07-26-12, 09:25 PM

Carpedime, the Steven Colbert of SBR

JohnGalt2341 · 07-26-12, 09:28 PM

Originally posted by byronbb

Could pinnacle operate in a regulated american market and still offer their low cost product??? Maybe not....

The Government's version of Pinnacle is the Lottery. The Lottery pays out 50% of everything it takes in... Pinnacle pays out 97.5% I believe(I could be wrong about this but I know I'm not too far off). The Lottery has customers ONLY because it has no "legal" competition. If the Government had ANY competition when it came to the Lottery it would go under in no time.

The Kraken · 07-26-12, 09:29 PM

Peter what about the FDA? Could you imagine not knowing if your food contains e.col or some other disease? Right now it's a rare occurance.

Could you imagine not knowing how much, if any, active medication is really in the antibiotics your taking? or even more importantly, the oxys?

What about the FAA? How many planes full of people have to go down in flames before we go crawling back to the FAA begging them to regulate the industry?

Peter, you're correct about banks though. I think.

Does anyone here actually know what the fukk they're talking about?

Peter, you're a smart guy. Tell me you know what you're talking about and I will believe you. maybe even become a follow of you.

Chi_archie · 07-26-12, 09:34 PM

I think you can have 6 insect legs per jar of peanut butter

JohnGalt2341 · 07-26-12, 09:35 PM

Originally posted by The Kraken

Peter what about the FDA? Could you imagine not knowing if your food contains e.col or some other disease?

I'll take my chances. No FDA would likely save more lives than having it. This video is more of a debate... but the point is still clear... more Government Regulation is almost always worse.

The Kraken · 07-26-12, 09:39 PM

Good videos John. Id debate some points with Milton Bradly (?) but probably end up losing because he's smarter than I am. Good to see his perspective.

Also, I think you can have 6 insect legs per jar of peanut butter.

MUHerd37 · 07-26-12, 09:41 PM

It depends because some regulations are needed.

The Kraken · 07-26-12, 09:43 PM

I agree. Can you give some examples?

Don't want restaraunts serving up poison

Turd Ferguson · 07-26-12, 09:44 PM

Anyone who thinks there should be no FDA or USDA has never been to a Tyson, Cargill, or Hormel plant. But then again libertarianism and the warped fantasy world of John Stossel(that thank god we will never have) would sound great to me too, if I was twenty years old and my parents were paying my way through college.

JohnGalt2341 · 07-26-12, 10:01 PM

Originally posted by Turd Ferguson

Anyone who thinks there should be no FDA or USDA has never been to a Tyson, Cargill, or Hormel plant.

Just curious... what do you think would happen if we had no FDA? You think places like Tyson, Cargill, and Hormel are now going to scream "HURRAH!!! Now we can poison all of our customers!! And they will continue to buy from us because they don't have a choice!!!"

Chi_archie · 07-26-12, 10:01 PM

Pizza sauce can have no more than 30 fly eggs or two maggots per 100 grams

SharpBoxing · 07-26-12, 10:06 PM

This forum is the perfect proof that we dont need government regulation.

Online sports gambling isn't regulated by the government. it's regulated by this forum and the people posting here.
If there was no FDA, someone would probably make a forum like this one where we regulate the food industry.

Free people dont need government, we can help each other out in a more efficient and less corrupt way.

Joyce1 · 07-26-12, 10:15 PM

Yeah, I agree with what seems to be a kind of (shocking) consensus here. Some regulation is good and is absolutely necessary.

And the areas that people are talking about - FDA, CDC, EPA, etc. - are the areas that I WANT my tax dollars to go to. I don't want high taxes. No one does. But if the option is none/absurdly low taxes or valuable government services (and yes, I know there are plenty of LESS VALUABLE services) then I want the services. I like roads, I like schools, I like police and fire, and I like someone making sure that my water and food supply haven't been ****** with by private industry scumbags who are not beholden to anyone but themselves.

I trust government more than I trust a lot of private industry. You don't have to look any further than the banks, insurance companies, and the food and drug industries to see corruption, deceit and the interests of the limited few winning out over the good of The People.

And the good thing about government is that you can always vote people out. Try doing that to the heads of Cargill.

Personally, I think that the government's primary functions are:

1. Defense and military. (The organizing principle of any society is defense from outside attacks. I think that we may have gone a bit overboard, as presently constituted, but first and foremost I think this is the role of government.)

2. Law and Order. (This isn't just the police, but also the establishment of laws, principles and basic rights that actually "create" the society. And this role could be broadened to include helping to take care of the poor, the elderly, the sick and the handicapped, and the other margins of society who, through their care, helps maintain a balance and order within that society. Basically, if you have a large group of people there are going to be people on the fringes that just can't completely take care of themselves. There has to be an apparatus in place to help those people or else there is always going to be some level of chaos.)

3. Infrastructure. (Roads, bridges, dams, airports, hazardous waste disposal, ports, telecommunications, etc.)

4. A Buffer Against Business (Just think about it: if something were to happen tomorrow - if your boss or your clients were to stop paying you; if you were to go to a restaurant and be deliberately poisoned; if you were to go to a bank and have them refuse to give you your money, etc., etc., who would you turn to in order to right those wrongs? The government! Business, if left unchecked, will always try to exploit The Group for the gains of The Few. You need things in place to protect the work force, the consumers, and the competition that is critical for a free market system to thrive. Business is just about dollars and cents and doesn't give a shit about the Common Good. There needs to be something in place to keep the "unrestrained id" of business in check".

Just my two cents.

Joyce1 · 07-26-12, 10:17 PM

"Online sports gambling isn't regulated by the government. it's regulated by this forum and the people posting here."

That is kind of ridiculous. And, as always, people forget what an insignificant speck of the world the SBR Forum is. This forum doesn't regulate anything.

And try to sell that theory to all of the people that have had their deposits/money stolen by sham offshore sportsbooks.

SteelRain · 07-26-12, 10:18 PM

Originally posted by Chi_archie

I am writing a thesis paper on the regulation of race and reproduction rates in inner cities

lol here is something you don't know the black population has been pretty steady since the 1960s

in fact because of abortion the black population will decrease by 2050 in the USA

but enjoy hating your niggers for no reason other than lose you garbage bets and built resentment because of it

you are the typical american garbage capper who hates blacks because you lose money in the NFL and NBA

Waterstpub87 · 07-26-12, 10:20 PM

If you don't think there should be an FDA, look up thalidomide on Wikipedia and come back. We could do without many of the federal governments departments, but the FDA is one of those that actually does good work.

I'm about as free market as they come, but we need government to perform a limited amount of responsibilities. Food and drug regulation is one of the chief ones.

Joyce1 · 07-26-12, 10:20 PM

"You think places like Tyson, Cargill, and Hormel are now going to scream "HURRAH!!! Now we can poison all of our customers!!"

Yes. They are essentially doing that now. The GMO's and shat that they put in food right now is abhorrent. And if there was no government to regulate them it would be 10x worse. And what the hell do they care? They can afford not to eat it and they know that most people can't, so who cares, right?

SharpBoxing · 07-26-12, 10:21 PM

Originally posted by Joyce1

"Online sports gambling isn't regulated by the government. it's regulated by this forum and the people posting here."

That is kind of ridiculous. And, as always, people forget what an insignificant speck of the world the SBR Forum is. This forum doesn't regulate anything.

And try to sell that theory to all of the people that have had their deposits/money stolen by sham offshore sportsbooks.

Im not saying its perfect but neither is government regulation

The Kraken · 07-26-12, 10:24 PM

Originally posted by SharpBoxing

This forum is the perfect proof that we dont need government regulation.

Online sports gambling isn't regulated by the government. it's regulated by this forum and the people posting here.
If there was no FDA, someone would probably make a forum like this one where we regulate the food industry.

Free people dont need government, we can help each other out in a more efficient and less corrupt way.

But in full disclosure, this site exists from the advertising money of the books they're rating. Bit of a conflict there.

Andy117 · 07-26-12, 10:26 PM

Originally posted by Chi_archie

Pizza sauce can have no more than 30 fly eggs or two maggots per 100 grams

Can you imagine what kind of shit would be in our food without the fda?

Joyce1 · 07-26-12, 10:28 PM

No one is saying that government regulation is "perfect". It can be as much of a shit show as anything.

But it is better than no regulation. And if we don't like the way it is going in this country we have the power to change it.

Take away a strong government, infrastructure, law and order, and any type of buffer between the population and the people that own the means of production as well as the military might and that is no longer the United States. That is Africa.

And that is always my suggestion to the people that "hate government" and have these wild, right-wing libertarian ideas: move to Africa and fend for yourself like the other 1 billion natives do. No cumbersome regulations there.

Joyce1 · 07-26-12, 10:29 PM

Think about all the shit in our food even WITH the FDA!

Joyce1 · 07-26-12, 10:30 PM

You don't have to look any further than the mortgage crisis to see how dangerous lack of regulation is.

Chi_archie · 07-26-12, 10:32 PM

Originally posted by SteelRain

lol here is something you don't know the black population has been pretty steady since the 1960s

in fact because of abortion the black population will decrease by 2050 in the USA

but enjoy hating your niggers for no reason other than lose you garbage bets and built resentment because of it

you are the typical american garbage capper who hates blacks because you lose money in the NFL and NBA

you got it mostly right...

its not the NFL and NBA bets that irks me

its the government regulation that says I can't lawfully own them and call them "mine"

and you rubbed it in my face saying "your N--------S"

well played mauer

in a perfect world they would be, cuz I got a few empty lots I gotta clear of brush

The Kraken · 07-26-12, 10:36 PM

Archie are those numbers real? Where are you getting them from?

EWwwwwwwwwwwww! Disgusting if real.

Think of slaves like wives. Cheaper to fukk prostitutes and stay single that get hitched to a slave.

Archie, wouldn't it be much cheaper to hire some craigslists niggas as opposed to owning them, hence having to house and feed them???

Seeing as I've never owned a slave, these are valid questions.

Turd Ferguson · 07-26-12, 10:52 PM

Originally posted by JohnGalt2341

Just curious... what do you think would happen if we had no FDA? You think places like Tyson, Cargill, and Hormel are now going to scream "HURRAH!!! Now we can poison all of our customers!! And they will continue to buy from us because they don't have a choice!!!"

Of course, the "free market" would sort it out.

After a couple of thousand people died from salmonella, everyone would know to go to a supermarket that didn't sell Tyson, Hormel, or Cargill products...because there are a lot of those.

SteelRain · 07-26-12, 10:57 PM

Originally posted by Chi_archie

you got it mostly right...

its not the NFL and NBA bets that irks me

its the government regulation that says I can't lawfully own them and call them "mine"

and you rubbed it in my face saying "your N--------S"

well played mauer

in a perfect world they would be, cuz I got a few empty lots I gotta clear of brush

did you really self censor the word niggers?

are you fuckin serious??? typical garbage american hates niggers but would only get off if one of them was inside his wife

you people are pure garbage