It's not about law or mbas, it's about socialism. It is about reducing the power of the individual and increasing the power of the bureaucracy.
This is all well and good, but it doesn't work. The legislative branch is not smart enough, and is too subject to economic bias and ethics are too easily forgotten.
And when the law of unanticipated consequences finally shows up by everyone losing money or another depression; They end up talking in meaningless platitudes which describe the symptoms of the problem and avoid the fact that the legislators, themselves, were a big part of the problem.
A good WELL FUNDED court system, on the other hand, can be take the time to understand the problem when it FIRST occurs on an objective basis, and as a matter of law, record every word of the thought process for every one to see.
In this case, the problems started to appear years ago.
I have no axe to grind, my only interest is the preservation of the equity capital generation system, so that "little people" can share in wealth formulation.
It happens, that as a matter of allocation of capital, this has the best results. The money finds its way to the best ideas without any help. |
