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Republicans love to use the word "deregulation". This is the term used to describe the liberation of business's from government regulation, thus allowing them the freedom to pursue their business activities. What a nice idea! Sadly, there is are ugly and dangerous byproducts of this idea, i.e. Business's are free to pollute the enviornment, engage in (less than honest) business practices, and in the case of a young German intern, foster a culture of dangerously long work weeks, that literally work people to death. The next time you hear a conservative, or someone from our beloved business community speaking eloquently about the virtues of deregulation, think about that young German intern and ask yourself: Is this really what we want??
http://finance.yahoo.com/news/bank-interns-death-raises-questions-074715777.html
Originally posted by bill718Your article discusses a person who worked a lot and then died of an unknown cause. You then seem to use it as evidence that deregulation is inherently evil. If indeed overworking high compensated employees is a problem (something I feel is highly questionable) you could certainly solve the problem in a less restrictive way than advocating that everything should be regulated.
Republicans love to use the word "deregulation". This is the term used to describe the liberation of business's from government regulation, thus allowing them the freedom to pursue their business activities. What a nice idea! Sadly, there is are ugly and dangerous byproducts of this idea, i.e. Business's are free to pollute the enviornment, engage in (less t ...[text shortened]... ant??
http://finance.yahoo.com/news/bank-interns-death-raises-questions-074715777.html
While we need some government regulation, I think we have too much interference. The government is rarely if ever efficient. In fact I am not sure the government even aims to be efficient.
Next time you use a cellular phone you can see the advantages of an industry that was deregulated and had little to no innovation and high prices when it was a monopolistic regulated industry. You can think about Madoff, and see how ineffective regulation is. The government is amazingly costly, people spend a good portion (some even the majority) of their working lives paying for it and often it just interferes with productivity and then sends us a bill.
Originally posted by quackquackHe died of an unknown cause? If you think the 70-100 hour weeks this young man worked had nothing to do with his death, I have a bridge I'll sell you...cheap! Overworking anyone, to the point where their health is in danger, regardless of their compensation, is wrong.
Your article discusses a person who worked a lot and then died of an unknown cause. You then seem to use it as evidence that deregulation is inherently evil. If indeed overworking high compensated employees is a problem (something I feel is highly questionable) you could certainly solve the problem in a less restrictive way than advocating that everythi ...[text shortened]... ing lives paying for it and often it just interferes with productivity and then sends us a bill.
Originally posted by bill718Many people who own their own businesses work 70-100 hours. My dad and his brother do and they are both over 65. I am sure the overwhelming majority of people who work 70 -100 hours are against government regulation as they probably feel they don't need more stupid forms to fill out and have additional costs.
He died of an unknown cause? If you think the 70-100 hour weeks this young man worked had nothing to do with his death, I have a bridge I'll sell you...cheap! Overworking anyone, to the point where their health is in danger, regardless of their compensation, is wrong.
Originally posted by quackquackThis depends on the nature of the work.
Many people who own their own businesses work 70-100 hours. My dad and his brother do and they are both over 65. I am sure the overwhelming majority of people who work 70 -100 hours are against government regulation as they probably feel they don't need more stupid forms to fill out and have additional costs.
Originally posted by JS357For Merrill Lynch looking to land a high paying job. If you like immediate gratification then sometimes interning isn't for you or sometimes as an intern you learn that you do not really want to break into a particular field. I just don't see the story of one dissatisfied intern as being "the face of deregulation" as the title of the thread indicates.
He was an intern.