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In a Truly Free Market, BP Would Be Toast

http://www.bastiatinstitute.org

Advocates for the regulatory state are fond of complaining that things like the financial meltdown, the BP oil spill, and the like, are the result of an “unregulated marketplace.”
...however, if it wasn't for the State which limits the amount BP is liable in damages, not to mention loan guarantees - then BP wouldn't be where it is, today.

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Created by Grey 2 years 51 weeks ago – Made popular 2 years 50 weeks ago
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