The Libertarian
position as posited by its nominal leader, Ron Paul, is that
government should not regulate private businesses because they and
the market will self regulate.
The most recent and
egregious example of the lack of regulation is the practice of most
major life insurance companies of withholding payment of death
benefits from beneficiaries unless a claim is made.
This billion dollar
(mal) practice was exposed by “60 minutes”
http://www.cbsnews.com/news/60-minutes-life-insurance-investigation-lesley-stahl/
Paul
Hunter
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