Quote:
Originally Posted by spazlabz
Stupid regulations are stupid. But there are a lot of good regulations that should be enforced with strong oversight by Congress.
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Right now, the biggest problem with regulations is that there is NO congressional oversight.
All of the federal agencies that are churning out 10s of thousands of regulations on businesses every year, are doing so without ANYONE in congress voting on, or even seeing, them first. Remember that regulators are only composed of two types of people. 1. A political administrator that has never started or run any kind of business and has ZERO appreciation of what affect his regulations will have on trying to run a business. 2. A representative of the largest players in a given field of business who is strongly motivated to create a situation where the cost of starting a business in that field is so high that only the biggest players can cope, and it keeps out any small competition or competititve startup. This is the reason that regulations are out of control, and giant monopolistic corporations are taking over more and more.
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