National Catholic Reporter

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More Evidence Why De-Regulation is Dumb

"If men were angels, no government would be necessary."

So states Federalist #51.

Tea Partyers like to claim they have a much-needed and full blown devotion to "the Founding." They also claim to support "limited government." But, the news that Halliburton and BP knew there was a problem with the concrete used in the well that exploded in April shows why government is necessary.

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Men are not angels. Certainly the men at Halliburton and BP were more concerned with profits than they were with any sense of self-regulation.

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