View Single Post
  #44   Report Post  
posted to rec.boats
HK HK is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2007
Posts: 13,347
Default Now that 'blue chip' stocks...

Eisboch wrote:

"HK" wrote in message
m...
Eisboch wrote:

"HK" wrote in message
m...
Eisboch wrote:

"HK" wrote in message
m...


Business regulations came and come about because businesses won't
behave.


Of course. How silly of me. What was I thinking?

Eisboch

Oh, come on...you know how easy it would be to cite examples.
Here's an easy one: child labor regulations and laws.
Why do you think they came about?

http://www.youtube.com/watch?v=_tY1gk6J6zc


Wake up. It's 2009.

Eisboch



Yeah...and in the last couple of weeks, we have...The Peanut
Corporation of America.



When a company or the management of a company breaks the law they should
be prosecuted.
There are millions of companies. Do you think the majority break the law?

Eisboch



There are many laws designed to protect workers, children, the public,
et cetera, from the "whatever we can get away with" rules of many
corporations. These have been promulgated and passed over the last
century and a half because of, typically, outrageous violations by
corporations. It usually takes "outrageous" to force state or national
legislatures to take action.

Do I think the majority of corporations break the law? Deliberately,
many do. Inadvertently, many do. Enough do so that we need tight
regulations on business and oversight of their activities.

Are you saying I am supposed to trust a Citibank, an Exxon, a Wyeth, a
Goodrich to do right by me? I sure hope not.