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Letter: Government must protect us from corporations

According to the GOP, Big Government impedes economic growth and therefore impedes job creation.

The term “Big Government” is a Republican code word for “regulations.” Enforcing regulations, they claim, is what slows business growth and therefore, job creation.

But let’s look at the two terms of Republican President George W. Bush. He is a hero of the corporations because of his across-the-board deregulation, particularly the areas of energy, environmental protection and banking.

So after eight years of these industries policing themselves, what did we have? Coal mines collapsed, oil rigs exploded, the global economy plunging in a free fall because the bankers stole all the money!

Their strategy has not changed, their language and talking points are still the same. What they fail to realize is water has no party affiliation: Toxic water doesn’t only flow to the poor peoples homes! This is why oversight is important: We need our government to protect us from corporations.


Center Barnstead

Legacy Comments20

Deregulation started with Reagan and it has been downhill from there

Challenge : name the deregulation by citing the bill passed by congress. If it was done by Executive Order name that specific number - IF you cant then your statement is just LIDV rhetoric and a waste of ink.

The BP oil rig explosion did not occur during Bush's time in the White House, but rather during Obama's first term. Oddly enough BP was one of Obama's biggest energy $ supporters during his campaign. A few short weeks before the oil rig explosion Obama recognized BP for their environmental and safety record; a safety award was given in honor of the very same rig that caused the disaster. The writer also fails to acknowledge how well Goldman Sachs et al has done since the Obama Wall Street bail out. All big$ contributors to his campaign.

I agree with most of your points except that it was Bush Jr who signed the Wall St bail out. It was however, on Obama's watch that the law was enforced. BP was known as a company with a very impressive safety record until that rig explosion. I may be wrong here, but I do believe that most of the oil rigs used by other oil companies were of similar design.

I remember in the late 60's to early 70's when the Merrimack river was so polluted that it's waters were brown from toxins being dumped by the mills dumping their unfiltered waste into it. I also remember dark lethal and toxic smoke billowing out of smokestacks contaminating the air we breathe from these same mills. Had the Government not stepped in with EPA regulations our air would be as bad as in China. Our waters would be as polluted as the Themes river in England. Let us not forget the mining towns were the Company owned everything including the "Company store" where the workers were only allowed to shop, paying prices so high that they could not afford proper meals or clothes and that these workers were paid so little as well. If Big business had their way we would still be that way. Regulated businesses are way more productive to society as a whole. When those regulations are taken away, we get the Enron's, the economic meltdown in 2008, to name just a couple.

Oh yes and now if we cut any stupid regulations this would happen again immediately. NOT!

Oh yes it would. There would be a stampede to cut costs at the expense of safety. A STAMPEDE. You actually believe these banks and corporations are going to police themselves. I realize with you it is the free market at any cost, but I never realized you were naïve.

Really? As soon as regulations were relaxed for the banking sector, look at what happened; the economy tanked due to excessive greed on wall street. Just in the news, all those poor people without drinking water because a plant didn't get inspected for many years, it's tanks leaked. Sometimes itsa I really wonder if you are just that naïve or just plain callous.

It is History. But. When you forget the mistakes of the past you are doomed to repeat them.

Yup, failed social healthcare around the world but Obama repeats it. Failed socialism and Keynesian economics and Obama repeats it. War on Poverty, repeated endlessly year after year, money down a rat hole. Democrat and progressives programs fail and they repeat them. "We just need more money for the children and education", same failed policies and we repeat them year after year. "If we institute an income tax it will reduce the burden on property tax payers"......failed in every single instance in every state where tried, but progressives want to repeat it.

For the sake of accuracy, could you please mention the names of the countries that have the failed social healthcare around the world? Canada? UK? Germany? Any country in Europe? Australia? Please name some where the citizens are willing to give up their socialized healthcare.

Let us not forget the Swift Meat Packing Industry and the poisons and rats' tails that were being put in our food. Thousands of people died every year from food that was not inspected. That is another of Itsa's American values that the government has interfered with by regulation.

We've come a long from the ideas of Adam Smith, and allowed corporations to dominate our political and economic lives, to our detriment. Some words of wisdom from Adam Smith: "Servers, labourers, and workmen of different kinds make up the far greater part of every great political society. But what improves the circumstances of the greater part can never be regarded as an inconvenience to the whole. No society can be flourishing and happy, of which the far greater part of its members are poor and miserable. It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well-fed, clothed, and lodged." "The interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer." "Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people." "The subjects of every state ought to contribute to the support of the government, as nearly as possible, in proportion to their respective abilities."

"Honest businessmen should be protected from the unscrupulous consumer." Lester Maddox Let's not forget Freedom Industries. Their storage tanks had not been inspected since the 1990's. They pollute a public water supply and then hide behind a bankruptcy filing. Surely we don't need protection from businesses like this. Let's bring back the Copper Bosses, the Robber Barron's and coals biggest gift to us - The Company Town........ I guess I missed the line - "We the Corporations of the United States, in order to form a more perfect union, establish justice, insure profitability............." The GOP version of the preamble to our Constitution. Bring on the torch carrying mobs.....

oH PLEASE! Robber barons? Corporations? The greatest threat we have to our country is that coming from those who spew hyperbole, rhetoric and slogans created by extremist groups and organizations.

Do you see the irony in your post?

No, I don't. I support traditional American values and way of life. The bards of the Left are the hyperbolic, rhetorical folks who use slogans like jingoism and populist ideas that died in the early 20th century.

A lot of big words for someone who just supports simple traditional American values and way of life. Ah for the good old days when everyone just knew his place.

According to you the copper bosses and the Robber Barons were just practicing the rules of a free market society. Hoperbole and slogans??? I fear you have little understanding of the growth of Big Business in America. Yes a fine legacy, polluted waterways, air, hazardous waste dumping and the virtual enslavement of the workforce. Just look at the history of the mills in Manchester. Yes - it's easy to twist these facts and blame it on extremist thinking. I call it American History, not pretty but true.

Yes your right it is American history. But remember those who forget the mistakes of the past are doomed to repeat them. Corprorations have begun to gather too much power and influence over the lives of the average citizen. They contribute unlimited amount of undisclosed campaign money in order to buy influence with politicials of both parties. Corporations are not people and need to be regulated.

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