Trump's 11 billion dollar welfare bailout to coal

[Draco-Onis]

Uh? Regulations harm competition, unless, you are talking about anti-trust, but that's not being touched by the GOP rn.

Those mega mergers are subject to the whims of the administration which has been very merger friendly. Also Trump is blindly deregulating industries and not taking into account the cost to the taxpayer such as the environmental cost. Those regulations he removed from the coal industry are going to cost billions per year to the tax payer especially emissions and dumping into streams.

[Allybeboba]

You didn't read what I wrote correctly. Selective reading is not a good trait my friend.

Did I imply that or did your bias blindness think that? Tough call isn’t it?
At any rate ta-ta.

[Mittens]

Those mega mergers are subject to the whims of the administration which has been very merger friendly. Also Trump is blindly deregulating industries and not taking into account the cost to the taxpayer such as the environmental cost. Those regulations he removed from the coal industry are going to cost billions per year to the tax payer especially emissions and dumping into streams.

We've been merger-friendly for quite a while. Anti-trust law in the US is based on the principle that if it doesn't have negative effects on the consumer its good to go. Also, I'm not against regulations just pointing out that, aside from anti-trust, there is not argument that they foster competition and its quite the opposite.

[Mafic]

Is there any topic that conservatives aren't total hypocrites on? After hearing endless blathering about "free market" this and "free market" that now we see a bunch magically think that government intervention is great.

I never thought I'd say this but I really miss the older generations of conservatives. I didn't agree with their policies, but at least I felt they had convictions and could understand why they wanted their policies. They were misinformed on some issues and just had a different stance on others, but at least I felt they were honest people who could be counted on to stand for something.

That's no longer the case. And it's really...just gross.

Traditional conservatives were consistent in keeping government out of the regulated free market. But most of those Republicans are now calling themselves Libertarians, because the rest of the Republican party has doubled down on socialism for fossil fuel industry.

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This idea looks and sounds a lot like Socialism.

Because it is and why the United State is a country that embraces capitalism openly but in hushed tones the foundation is socialist. Can you imagine the US without social security and medicare?

[Draco-Onis]

We've been merger-friendly for quite a while. Anti-trust law in the US is based on the principle that if it doesn't have negative effects on the consumer its good to go. Also, I'm not against regulations just pointing out that, aside from anti-trust, there is not argument that they foster competition and its quite the opposite.

How does letting companies dump toxic waste into the water and getting people sick with pollution help foster competition? how about regulations that stops wall street from screwing their client (fuduciary rule)? I have yet to see any deregulation taken up by Trump that does what you say.

[Stormdash]

I suppose the strategic oil reserve is also corporate welfare?

[Mittens]

How does letting companies dump toxic waste into the water and getting people sick with pollution help foster competition? how about regulations that stops wall street from screwing their client (fuduciary rule)? I have yet to see any deregulation taken up by Trump that does what you say.

Slashing the time of approval for generic drugs.

And I need to say this, I support regulations. It's common sense however that the costs of it are better absorbed by big companies rather than small ones. Does deregulation foster more competition? I don't know, it depends in other factors I guess, but regulations sure as fuck harms competition.

[Draco-Onis]

Slashing the time of approval for generic drugs.

And I need to say this, I support regulations. It's common sense however that the costs of it are better absorbed by big companies rather than small ones. Does deregulation foster more competition? I don't know, it depends in other factors I guess, but regulations sure as fuck harms competition.

It's a plan with no details and as of the last update in October still again just a plan, also if you don't know if it foster competition because it depends on factors you can't know the opposite is true those statements contradict each other. These issues are nuanced which is why just cutting regulation is fucking moronic.

[Poopymonster]

Traditional conservatives were consistent in keeping government out of the regulated free market. But most of those Republicans are now calling themselves Libertarians, because the rest of the Republican party has doubled down on socialism for fossil fuel industry.

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Because it is and why the United State is a country that embraces capitalism openly but in hushed tones the foundation is socialist. Can you imagine the US without social security and medicare?

Not only can I imagine that, but I see Rand Paul, Bitch McConnell, and others masturbating furiously to the idea of it.

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How does letting companies dump toxic waste into the water and getting people sick with pollution help foster competition? how about regulations that stops wall street from screwing their client (fuduciary rule)? I have yet to see any deregulation taken up by Trump that does what you say.

Easy, you now have a catastrophe that has multiple companies competing to clean it up most efficiently. This will spur R&D departments to make great leaps and bounds to make the clean up process more efficient and cost effective so as to win the contracts to clean up the toxic infested waters.

Capitalism at it's finest!

...but what about the people in the meantime who have to drink/deal with the contaminated water....

We have a solution for them too! Yet another company will make filters/devices to remove said "Impurities" from the local drinking water! Which company? Whichever one gets there first will have the market locked down on any survivors.

See, one tiny dump of toxic waste will spur 2 different sections of the private sector become competitive...at the cost a trifling number of human lives. Plus the coffin industry will see a short term spike in purchases.

While the company dumping gets a slight fine and promises "We didn't do anything wrong, we admit no wrongdoing, and we swear we won't do anything wrong again."