Yeap, in fact they work slightly more according to this OECD analysis:
http://dx.doi.org/10.1787/174615513635 (It's an excel file)
Not sure what you mean here, but you would have to provide some evidence regardless.
The government is a regulatory body, of course you don't submit control of an industry to those who run it. We already did that with Wall Street. That would be exceptionally foolish to do again.
They did exactly that. Also, it's not like the people running those committies that crafted the legislation are ignorant about the industry works, they have been doing this sort of regulation for years, in some cases decades.
Unfounded ideological speculation.
They do handle that sort of stuff, and they do it well every day. We have one of the smoothest running societies on the entire planet, and we owe a good chunk of that to the fact that we've been able to craft an effective government.
Again though, so now that you see Australia shares (and exceeds) the US in another area that you cite as a primary cause for our health care expenses, what do you make of the fact that their system costs hugely less per capita?