Cable Forum - View Single Post - Are industry regulators a danger to the public?

BBKing · 01-02-2007, 16:45

Hmm, I think I'd better go and check British Gas' profits and director's salaries. The poor guys must be on the breadline with all these cuts.

The regulators would be unnecessary in a proper free market, the fact of their existence indicates that in many privatised industries it's not really a proper free market, it's a rapacious monopoly with a taxpayer funded bunch trying to control it. Still that's Friedmanite voodoo economics for you (it was thought that the market would develop, but it hasn't).

You forgot the Office of Rail Regulation. For some reason that isn't shortened to OffRail. I'm rather perplexed that you think Railtrack was a responsible organisation, can you explain this opinion which is 180 degrees away from what the rest of the world thinks, unless it's being responsible for several deaths.

Everything doesn't always go up, by the way. Except residential gas prices, apparently (wholesale prices have *fallen* recently).

01-02-2007, 16:45	#2
BBKing cf.mega poster Join Date: Jun 2003 Location: London Services: 20Mb VM CM, Virgin TV Posts: 5,309	Re: Are industry regulators a danger to the public? Hmm, I think I'd better go and check British Gas' profits and director's salaries. The poor guys must be on the breadline with all these cuts. The regulators would be unnecessary in a proper free market, the fact of their existence indicates that in many privatised industries it's not really a proper free market, it's a rapacious monopoly with a taxpayer funded bunch trying to control it. Still that's Friedmanite voodoo economics for you (it was thought that the market would develop, but it hasn't). You forgot the Office of Rail Regulation. For some reason that isn't shortened to OffRail. I'm rather perplexed that you think Railtrack was a responsible organisation, can you explain this opinion which is 180 degrees away from what the rest of the world thinks, unless it's being responsible for several deaths. Everything doesn't always go up, by the way. Except residential gas prices, apparently (wholesale prices have fallen recently). __________________ "An inquiry into the CONSTITUTIONAL ERRORS in the English form of government is at this time highly necessary; for as we are never in a proper condition of doing justice to others, while we continue under the influence of some leading partiality, so neither are we capable of doing it to ourselves while we remain fettered by any obstinate prejudice" Thomas Paine, Common Sense, 1776.