bedspirit
Active Member
The regulation issue is another one where I'm not completely on board with him. I believe Ron wants to end all regulations. I think lobbyists take advantage of our massive regulatory bureaucracy to protect those already in business and prevent people from entering the market. A recent example is that McDonalds is now exempt from complying with parts of Obamacare. Now they have a financial advantage over other fast food chains that have to comply. So, while I'll be glad o see an end those types of regulations, I'm not sure I want to see an end to all regulations. Ron claims that you don't need the EPA to regulate pollution. He says if you strengthen property rights, people will have an incentive not to pollute. That might work for households and even small business but I don't think it matters to large corporations. I think it's difficult to get Coal companies not to pollute now, without regulation, I think they'll pollute even more. Ron's solution would be to sue that company if their pollution has a negative impact on your property. Me personally, I don't have the time or resources to sue a giant corporation. If we can all agree that some kinds of pollution is bad, I don't have a problem banning it.I'm glad you support Ron Paul. That being said; the real thing that looks on paper is regulation, not free markets. When put on paper free markets can be labeled with all the evils (as you did) such as greed/corruption. Regulation on paper seems to always show a magic fix to all of those problems. Remember that. Currency manipulation is caused by the federal reserve, which Ron Paul wants to end (Reason why it's not included in free market "mathematics").
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The currency manipulation that fucks up trade is when another countries' central bank keeps the value artificially low, like China does. Ron has actually mentioned this but I don't know what he plans to do about it.