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Old 10-20-2011, 08:05 AM
 
Location: Reno, NV
5,987 posts, read 10,472,793 times
Reputation: 10809

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Regulations can be flawed and/or have unintended consequences. On the other hand, they are often enacted because of even worse problems and abuses arising from lack of regulation. People being what they are, can lead to unethical behavior that is bad for anyone but them.
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Old 10-20-2011, 08:09 AM
 
913 posts, read 872,854 times
Reputation: 171
Quote:
Originally Posted by ovcatto View Post
One would have to be daft to believe that certain regulations are not only ridiculous but also create adverse affects, and unintended consequences.

i think i'm going to crack open a bottle of champagne. hallelujah! lol
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Old 10-20-2011, 08:20 AM
 
10,092 posts, read 8,206,642 times
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Quote:
Originally Posted by TreasureTree View Post
Corporations laugh at regulations behind the scenes. Why?

They are unenforceable. No mega corporation will be put out of business because of a few words on a piece of paper in Washington DC. Even if they are punished they will continue to do business they way they do it regardless of the regulation, pay the fine and move on. Regulations are a joke and they stop nothing. Its comparable to the war on drugs.
That's exactly why I don't get why so many republicans are so gung ho about torte reform. My husband is an attorney (and a moderate R) and even he thinks that lawsuits are the only way to keep big business from just running all over regs at the expense of everyone else. You're right--enforcement is a joke if it just comes down to fines. Are there problems with frivolous lawsuits? Sometimes, but if fear of a lawsuit stops some idiot from dumping benzene in my water, I'm willing to put up with it.

Honestly--as far as new drugs go, I'd rather wait to have them thoroughly tested than have them released to the market too early. I'm not saying there aren't problems with how the FDA does the approval process, but that's a different issue than saying no regs. I want a reasonable assurance that medications are safe before I put them in my children's bodies. For promising lifesaving treatments, there are always clinical trials.
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Old 10-20-2011, 08:46 AM
 
Location: Chandler, AZ
5,800 posts, read 6,568,977 times
Reputation: 3151
They never have and they never will; ObamaCare & Dodd-Frank are both going to be mega-colossal disasters for the citizens of this country.
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Old 10-20-2011, 10:05 AM
 
913 posts, read 872,854 times
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Quote:
Originally Posted by mb1547 View Post
That's exactly why I don't get why so many republicans are so gung ho about torte reform. My husband is an attorney (and a moderate R) and even he thinks that lawsuits are the only way to keep big business from just running all over regs at the expense of everyone else. You're right--enforcement is a joke if it just comes down to fines. Are there problems with frivolous lawsuits? Sometimes, but if fear of a lawsuit stops some idiot from dumping benzene in my water, I'm willing to put up with it.

Honestly--as far as new drugs go, I'd rather wait to have them thoroughly tested than have them released to the market too early. I'm not saying there aren't problems with how the FDA does the approval process, but that's a different issue than saying no regs. I want a reasonable assurance that medications are safe before I put them in my children's bodies. For promising lifesaving treatments, there are always clinical trials.

first and foremost i'm for states rights, so states should do what they please. it isn't a federal issue. having said that, everywhere else on this planet, you can sue but if you lose there are consequences. in the uk, there are loads of lawyers who will fight your case free of charge. they earn their fee from the other side. this eliminates most frivolous law suits like the judge who sued the drycleaner for $67million for losing his trousers. without loser pays, people sue for anything. in most cases it's simply extortion.

i agree with you, i'd rather wait too, and wait i would. there are however some people who would try unapporoved drugs and benefit and others who would try unapproved drugs and perhaps die. that is what freedom is all about. the freedom to choose. the point is most drugs don't even make it to trial. if it isn't feasible for big pharma then it doesn't get done. some of these drugs and treatments might save lives. it shames me to think that there are people who died today, andf will die tomorrow, while the drugs that might've saved them are stuck in the bureaucratic web
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Old 10-20-2011, 10:08 AM
 
913 posts, read 872,854 times
Reputation: 171
Quote:
Originally Posted by Marv101 View Post
They never have and they never will; ObamaCare & Dodd-Frank are both going to be mega-colossal disasters for the citizens of this country.

marv, i agree with you but your response sounds like blind partisanship. the gop is full of crap too

Last edited by sammbriggs; 10-20-2011 at 10:19 AM..
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Old 10-20-2011, 10:18 AM
 
913 posts, read 872,854 times
Reputation: 171
Quote:
Originally Posted by Casper in Dallas View Post
Bleat? I never bleat
I am sure you would rather we had no regulations at all and everyone can just do as they wish and all well be well, yeah that will work
Oh, If you had paid to what I posted you might have noticed the part where I said regulations somethimes go too far, but I see you would rather cherry pick.

this is the difference between people like me and people like you. i don't believe in a panacea. i don't think all will be well. i know that regulations prevent some bad things from happening. i just believe they prevent more good from happening too. i also think they create a class of people who are totally dependent on the regulations and lose their natural skepticism.
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Old 10-20-2011, 10:21 AM
 
913 posts, read 872,854 times
Reputation: 171
Quote:
Originally Posted by Marv101 View Post
They never have and they never will; ObamaCare & Dodd-Frank are both going to be mega-colossal disasters for the citizens of this country.

in addition to throwing obamacare and dodd-frank on the trash heap, sarbannes-oxley, part d, no child, etc should be on the scrapheap too
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Old 10-20-2011, 10:30 AM
 
31,387 posts, read 37,054,795 times
Reputation: 15038
Quote:
Originally Posted by sammbriggs View Post
in addition to throwing obamacare and dodd-frank on the trash heap, sarbannes-oxley, part d, no child, etc should be on the scrapheap too
Why not add the Hyde Amendment, and Taft-Hartely?
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Old 10-20-2011, 10:55 AM
 
913 posts, read 872,854 times
Reputation: 171
Quote:
Originally Posted by ovcatto View Post
Why not add the Hyde Amendment, and Taft-Hartely?

i didn't know what those two acts were until now. i would support getting rid of both!
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