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Tuesday, February 15, 2011

The Two Fronts of the Regulatory War

Progressives have been busy in both the business world and government creating a large number of businesses that are dependent on government regulation and government largess.

Many Libertarians seem to ride on the hope that they can restore the free market simply by cutting the regulations and supplements.

Unfortunately, cutting the chords of dependency between government and business is likely to result in economic chaos and result in a demand for greater government involvement in business.

The economic collapse of 2008 showed that one cannot simply deregulate a market jacked up on regulatory devices like Freddie Mac, Fannie Mae, government backed mortgage securities, etc..

To actually succeed in restoring the free market, Libertarians need to approach the issue in the same multi-prong approach of the progressives.

Progressives created business models that were dependent on government regulation and funds.

Libertarians need counter this attack by developing business models that accomplish the stated goals of the progressives. With these business models in place, libertarian politicians can move in to rid the market of the corruption caused by previous generations of progressive duplicity.

Ahem, dare I mention that the Medical Savings and Loan just happens to be a free market version of health care reform that accomplishes just such a feat.

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