It seems an important point to you is the removal of regulations. For the most part I agree, however I have a couple problems:
1)A big purpose of regulation is to make it possible for a company to enter into a market with an extremely high barrier of entry. It also keeps the company honest when it is impossible for another company to enter the market and compete.
A good example is telecommunications. There is no way a company (lets call it ATT) could have built a telephone system on it's own. ATT would expend enormous capital just to get the basic infrastructure it needed to do business. It would take a long time to turn a profit. And on top of all that; there was no guarantee phone service would take off.
Assume ATT has somehow established itself. There is no way a competitor (lets call it RMT) could enter the market. If ATT had the last word it would never allow RMT to lease it's phone lines. RMT could never run their own lines, the expense and duplicated effort would be staggering. Now ATT can set prices at whatever it wants and ATT has no reason to innovate (ever see Brazil).
How would your state handle a situation like this?
2)Think about the children

. We need some regulation on liquor stores, pharmacies, and opium dens to ensure they don't sell to minors. I agree it's mostly the parents responsibility but I still want my local liquor store to help me out a bit.
-Dan