Computers the control the power grid have been hacked

Originally Posted by TheMercenary

Previous attempts at that have created big bloated bureaucracies, inefficiency, and cost over-runs. Sorry, I don't buy into that.

Time will tell with the intervention and take over of the numerous banking, credit, and insurance sectors, and now with the auto industry. But they have failed miserably in health care.

It succeeded with protecting the environment. It succeeded with protecting food and drug safety and other consumer products. It succeeded with ensuring workplace safety and basic workers rights. It succeeded with ensuring the safe transportation of hazardous material by rail or truck as well as airline passenger safety (I could go on) ....to no detriment of the regulated industries.

And no one is talking about government "taking over" anything for the long term.

It is fear mongering to compare government regulation with government take-over or government control.