Originally Posted by
bluedogok
There are many companies out there exploiting regulations to increase their profits and lobby to burden competitors with even more regulation because they already know the loopholes or places where regulations can be exploited for profit. Most of the regulations are written by politicians or more accurately the lobbyists lawyers with the interests of those doing the exploiting...so just how good is "regulation" when it is written by those who are supposed to be regulated? This has also occurred no matter which party is in power so it is not a "party" issue, both parties have their masters who have bought and paid for their services.
I put little faith into "regulation" by the current (and not so current) people in power.
Bookmarks