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In lugnet.off-topic.debate, Tom Stangl writes:
> Christopher Weeks wrote:
>
> > In lugnet.off-topic.debate, Scott Arthur writes:
> >
> > > I was talking more about how the air industry has weakened security
> > > proposals in the past - not their failure to implement existing
> > > regulations.
> >
> > Because it was expensive. Everything has a price and sometimes we're not
> > willing to pay it.
> >
> > > My worry is that if the market is allowed to dictate airline safety then the
> > > safety may become heavy with superficial safety issues and the ones the
> > > public does not understand fully (say widget maintenance) slip. Safety
> > > should be based on risk assessment not focus groups or public hysteria .
> >
> > I agree with the final comment. Why would a government agency provide more
> > sure widget maintenance than would a private corporation.
>
> ???
I have made some changes and insertions so that the resulting statement is
one that I agree with.
> The FAA has fined airlines many times for rebadging used parts (or
> dangerous/damaged parts) as certified for re-use. Seems damned
> obvious to me that the private
c/private/mixed/
(Mixed economy corps, not private. If they take bailouts, invoke liability
shields, and use subsidised facilities, they aren't *quite* private... Not
hardly)
> corps are trying to cut widget maintenance costs IN SPITE OF government
> agency rules/regs. Remove those regs,
add:
without removing the liability shield
> and planes will be dropping from the skies
> left and right without any "help" from terrorists.
This is standard economic analysis, if you set things up so the market can't
operate, you don't get optimal results. Work through the analysis with
unlimited liability for negligence and see if you get the same result.
Friedman didn't.
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Message has 1 Reply:
 | | Re: The big lie
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| Larry, This is all fine and good, but IF they were to fully privatize airlines/airports/ma...nance/etc, and remove the liability shields........ how long would YOU wait before flying again? I sure as hell wouldn't fly for many years. I wouldn't want (...) (23 years ago, 5-Oct-01, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: The big lie
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| (...) ??? The FAA has fined airlines many times for rebadging used parts (or dangerous/damaged parts) as certified for re-use. Seems damned obvious to me that the private corps are trying to cut widget maintenance costs IN SPITE OF government agency (...) (23 years ago, 5-Oct-01, to lugnet.off-topic.debate)
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