Enough Deregulation Already; Let's Regulate this Mess

Pardon the lack of links and cited research here, but this is an off the cuff rant and shouldn't be taken as anything more.

I'm tired of bailing out America's leading airlines. I'm tired of bailing out all our vital resources and infrastructure backbone imperatives integral to the smooth running of a superpower every time our token capitalism "feel good" efforts fail. And capitalism fails constantly. It's part of the mix. It's integral to competition. That's the point. Run the other guy out of business.

Great! Except when I have to pay for it. Since deregulating the airline industry in 1978, we've seen over 100 of our vital employers and transportation service providers go bankrupt. Billions in the hole bankrupt. Not a little bankrupt. Losing money every day for close to 30 years. That's capitalism? That's failure. Abject and total. Experiment over. Many reorganized and bailed out by you and me, and some just gone leading to more route monopolies and higher costs of doing business.

It's just a joke to continue pretending like this isn't a socialist nation. Top to bottom we are. We deregulate on the surface time and again then jump right back in at the first sign of trouble and decide we need federal control of security or air traffic control or fuel costs or rates, employees and profits... over and over and over, but never just admit what we're really doing.

Half-ass regulating.

Just regulate already. No really. It's okay. I know those in power got there by making "regulation" such a bad word they almost can't do it now without looking like the foundationless fools they really are on the economic front, but so what? Do it. Not the first time the facade of superpower "conservatism" will reer it's hypocritical "no new taxes" head.

Know why we have debt? This # is expensive. I know it. You know it. Bush, Rush, and everybody at Fox News knows it. Taxes are patriotic. So's paying your bills. Planning ahead. Not playing games. Not always running a catch up strategy.

Let's just stop fooling ourselves already. We're socialists. Capitalist failure is NOT an option. One way or the other, we all pay for everything that matters to America. Do it right. If I have to keep paying corporate welfare, I want some accountability to me. I want to be able to throw the bums out of CEO offices just like I do Congressional ones. I actually want to throw everyone out right now... from a cruising altitude of 41,000 feet.

Rest in Peace Delta and Northwest. You were both great clients. When I had clients. And there were still clients to be had. "Capitalism..." Yeah right. Put any bow you want on it, it's still a government run Wal-Mart world.

Yes, and guess who's going to end up paying off all those airline pension funds when the airlines are unable to?

I actually want to throw everyone out right now...

Doesn't my anti-incumbant voting policy start looking better and better? Probably won't make a difference though. The Corperate State is here already. They hold the entire infrastructure of this nation hostage.

Deregulation is not the problem.
How about just start with one of the main problems first: the airline unions?

Then maybe onward to mismanagement, etc....


And Ambient Sound is correct on the issue of pensions and who will ultimately be libel for them.
Defined Benefit Pension plans offered and insisted upon by unions are dangerous and quite unstable.





seekerof

[edit on 15-9-2005 by Seekerof]

Thanks to both for your thoughtful responses. I agree it's more complicated than I made out, but it's getting so frustrating. Feels like we're just free falling at times.

Vagabond said it:

"Kleptocracy___a nation ruled by theives"

It only appears to be socialist.

Iv'e always thought what we have here is a Corporate Oligarchy. Guess that's what you ment when you said Wal Mart world.

RANT ON !!!