Well the founders did anticipate this kind of problem, but they didn't believe that the people would be stupid enough to let regulatory government get this far. You are clearly a little young yet to understand this and definitely short on your knowledge of history, but perhaps you should consider why it is that after tens of trillions of dollars of military expenditure, the only plane that didn't hit its target was brought down by the militia. Had it been left up to the military the White House would be a large hole in the ground.
Should your boat go down, I will still pull your ass out of the water.
Which shows just how little you understand free markets. The only reason there aren't private towing and rescue companies at sea funded by maritime insurance is that they would have to compete with the Coast Guard which operates on tax money and does the job for free.
Now, how about those container ships?
Each day, the men and women of the 35,000 plus active duty Coast Guard, 8,000 Reservists and 32,000 Auxiliarists provide services over 3.4 million square miles of Exclusive Economic Zones...
Oh how I wish.
...and definitely short on your knowledge of history
mmm. My bachelor's degree is in History, but few are as wise as you.
The only reason there aren't private towing and rescue companies at sea...
There are, and they are useless and undependable.
I revise my previous statement: Should your boat go down, I will call you a private tow boat. I might even give him the coordinates. Expect him to respond within 24 hours, but only after your Visa card has been verified. (Unless he runs out of fuel in 8 foot seas, like the one I once towed in.)
The container ships? There must be something in the Constitution that can help us out here, don't you think?