Free Market Capitalism baby…
As they say, “let the market decide”
who gives a shit if a few people die along the way….
WASHINGTON (Reuters) – A peanut plant in Georgia identified as the source of an outbreak of salmonella shipped out products that managers knew might have been tainted, U.S. Food and Drug Administration officials said on Tuesday.
They are lucky they aren’t in China.
Bush`s secretary of labor, Elaine Chao, signaled the governments ambivalent views about rules enforcement when she said ” sometimes it`s not what you do, but what you refrain from doing that is important. ”
We are going to be paying for the mistakes of the Dubya administration for a long time.
Elaine Chao was the most invisible cabinet member I can ever remember. I guess there’s a reason for that.
How can the market decide if it doesn’t have a choice between tainted peanut butter and non-tainted peanut butter?
UI, even worse in my mind is that you let the market decide and their decision is to poison Americans.
Capitalism, love it or it will kill you.
This is just a scheme to enrich trial lawyers.
Companies that are not riding the knife edge of killing people are not working hard enough for their shareholders.
now that was funny
A remarkable fact about the spanish american war was that half the american deaths were directly caused by soldiers eating tainted meat packed by the Armour meat company of chicago, couple this with Upton Sinclair`s novel The Jungle and americans suddenly saw the need for the FDA, and republicans have been trying to dismantel it ever since.
There goes Shoe Throwing Instructor showing off again by using facts. 😉
History doesn`t always repeat itself, but it always rhymes.
You’re right nemski, this sounds a lot like the melamine in baby formula problem from China. In the supposed free-market, the businesses that are using the proper methods are suckers because they’re not saving all the money. Then the good businesses can’t compete with the bad businesses because the bad businesses can undercut your price. The incentives are backwards.
I blame Jimmy Carter for deregulating the peanut industry in his first executive order.
The government you trust with all things can’t make sure peanuts are safe.
Great logic Mike; in other words I should only trust you to take off and not to land the plane. FDA funding, like all government watchdog funding has been cut every year for the past eight years. Food safty is the responsibility of the FDA, see my posts above for the reasons.
We can’t trust the free market to make sure peanuts are safe.
Why the hell are we buying up “bad assets”? Again, protecting the bankster/gangsters for their fraudlent business practices. Let the banks fail…who cares. Start over with regulations. If Obama had given all that money he gave away to the wealthy class in tax cuts, to local banks those banks could have loaned money for buying houses, or start a business or whatever! This country is so broken, so corrupt, there is no way out but to declare a clean slate, get rid of the Federal Reserve. If republicans wanted the car companies to file for bankruptcy, why not the Big Thief Banks? Let their bad assets be adjuducated in bankruptcy court, seize the assets of the CEO’s and shareholders for their ill gotten gains. Lets get bold!