Monday, April 18, 2016

Regulation? We don't need no stikin regulation


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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