12/03/2007

Ron Paul Knows Who The Corporate Rapers Are

As an avowed environmentalist, it is good to see a true conservative like Ron Paul real gets it. When it comes to who is responsible for polluting our environment, he knows that the "free market" means accepting a total responsibility that has long been shunned by the greed heads of corporate America. He understands that corporations must pay for the full cost of production and can no longer get away with ignoring the externalities of their production processes and must be regulated into paying for the full cost of production. Read on...

"Imagine that everyone living in one suburb, rather than using regular trash service, were taking their household trash to the next town over and simply tossing it in the yards of those living in the nearby town. Is there any question that legal mechanisms are in place to remedy this action? In principle, your concerns are no different, except that, for a good number of years, legislatures and courts have failed to enforce the property rights of those being dumped on with respect to certain forms of pollution. This form of government failure has persisted since the industrial revolution when, in the name of so-called progress, certain forms of pollution were legally tolerated or ignored to benefit some popular regional employer or politically popular entity.

When all forms of physical trespass, be that smoke, particulate matter, etc., are legally recognized for what they are -- a physical trespass upon the property and rights of another -- concerns about difficulty in suing the offending party will be largely diminished. When any such cases are known to be slam-dunk wins for the person whose property is being polluted, those doing the polluting will no longer persist in doing so. Against a backdrop of property rights actually enforced, contingency and class-action cases are additional legal mechanisms that resolve this concern...To the extent property rights are strictly enforced against those who would pollute the land or air of another, the costs of any environmental harm associated with an energy source would be imposed upon the producer of that energy source, and, in so doing, the cheap sources that pollute are not so cheap anymore."

Ron Paul
Republican Presidential Candidate

Read more @ Reason online.

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