More Evidence Why De-Regulation is Dumb

by Michael Sean Winters

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"If men were angels, no government would be necessary."

So states Federalist #51.

Tea Partyers like to claim they have a much-needed and full blown devotion to "the Founding." They also claim to support "limited government." But, the news that Halliburton and BP knew there was a problem with the concrete used in the well that exploded in April shows why government is necessary.

Men are not angels. Certainly the men at Halliburton and BP were more concerned with profits than they were with any sense of self-regulation.

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