The problem with you is you are thinking in extremes.No one can foresee the future. When you let industry police itself the catastrophic failures are the only way to see where the rules are too lax. After the fact punishment is the only recourse. This is the price we pay for capitalism.
You assume that everything is exclusively black & white.
The Democrat Party believes in over-regulations while the rest of the country likes smaller government.
It's a difference between freedom or authoritarianism.
You assume that being Republican or more specifically, not a Democrat, you're a red-neck who believes in no government regulation.
I think you've been duped.
The party you seem to support thinks that free government subsidized abortions and handing out meth kits is a public right or a benefit that will encourage peace and harmony, but you also think owning a gun or voicing your opinions in public is a threat to Democracy.