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The Conceit of the Regulators

Unless the government watches closely, the airlines will kill you.

That seems to be what many reporters and politicians believe.

"The result of inspection failures and enforcement failure [by the Federal Aviation Administration] has meant that aircraft have flown unsafe, un-airworthy and at risk of lives," says Representative James Oberstar, chairman of the House Transportation Committee.

"The FAA has clearly displayed a dangerous and cavalier lack of regard for tough safety enforcement," says Senator Hillary Clinton.

And Lou Dobbs of CNN wondered "whether airlines are putting profit ahead of passenger safety."

Let me get this straight. The only reason airlines care about safety is because ...

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