by Nomad
For corporations, a world without rules, without any annoying government interference might be heaven on Earth. But for the rest of us, it could be pretty damned close to hell on Earth.
We already have plenty of evidence of what life could be like if de-regulators get their way.
We often hear a lot of chatter about the benefits of deregulation and how important it is to avoid government interference in the world of big business.
True to their Ayn Rand roots, both Ted Cruz and Rand Paul, both candidates in 2016, have expressed the idea that "If only the government got its hands out of the private industries, then a purer form of capitalist harmony would emerge."
Free-market libertarians believe in a totally hands-off approach to government and this includes nearly all corporate oversight. Since governments (and the laws they create) are the only powers strong enough to regulate things, corporations would essentially become unrestricted and above the law. One way to that is by eliminating the agencies that are involved in policing.
In November of last year, Senator Mitch McConnell of Kentucky stated that his top priority was not going after the major polluters -such as the mining industry- His utmost concern was trying to do what he could “to get the EPA reined in.”
The US Environmental Protection Agency (EPA) is primarily tasked with effectively managing, overseeing, and enforcing environmental laws. It has the legal authority to go after and prosecute polluters who would choose the break the laws in the name of profits.
So, all in all, McConnell's soundbite might seem like an unusual position for a politician charged with protecting the public interest. However, an investigation explains his personal stake in shielding the coal industry.
In other words, blame it on the in-laws.
