Posts Tagged ‘ government regulation ’

Keeping the public in the dark about animal cruelty

March 18, 2013
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Keeping the public in the dark about animal cruelty

The picture below comes from a 2010 video provided by the US Humane Society showing a slaughterhouse worker in California forcing a “downed” cow onto its feet by ramming it with the blades of a forklift. According to this news piece in the Associated Press, the video led to the largest meat recall in US history.  The massive meat recall occasioned by this video clearly shows that many people are disgusted by the cruelty its depicts. And consumers obviously want to know, or at least have the right to know, the conditions in which their meat is being raised. In…

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Why We Regulate (by Paul Krugman)

May 15, 2012
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One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don’t know how to run our own banks!” he exclaims. As the film progresses, we learn that Gatewood is in fact skipping town with a satchel full of embezzled cash. As far as we know, Jamie Dimon, the chairman and C.E.O. of JPMorgan Chase, isn’t planning anything similar. He has, however, been fond of giving Gatewood-like speeches about how he and his colleagues know what they’re doing,…

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