(May 5, 2013 at 6:51 am)festive1 Wrote: And this would be a good example of why I think there should be more government regulation of business, not less.
Regulation is fine but then politicians start addressing every real and imagined problem with more regulations. And then the industries being regulated have to get into lobbying and we discover the regulations are being written by the lobbyists which defeats the purpose.
The way the article is written the response would be to require more insurance. Frankly I would rather see no accidents and more insurance and thus improvements is safety. As to the damage the company should be in bankruptcy protection as soon as the lawsuits get filed. Eventually the company is sold off to cover the damages.
A rather simple solution is that of China where the response to accidents like this is to execute the owners or senior executives for murder.
A few years ago people died of under-cooked burgers at Jack in the Box. I do not see how that is not negligent homicide.
