Thursday, July 28, 2005

Markets Protect Consumers...

...even black markets. Putting a giant gaping hole in the "drug money funds terrorism" theory of the National Ad Council, drug lords in Columbia turned down an offer from Osama bin Laden to buy millions of dollars of cocaine with the intent to poison it and sell it to the US. The coke dealers realized that doing so would destroy their market as consumers lost confidence in the quality of cocaine.

If even cocaine dealers work to protect their customers, why again do "consumer rights" advocates insist that we need thousands of pages of federal regulations to keep consumers safe?

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