Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (9733)	9/22/2009 3:06:19 PM
From: Lane3	Read Replies (1) \| Respond to of 42652

And in this wonderful 'trust us' world of commonality no company is going to sell a full or partial scam policy even though it isn't against the law? You're bound and determined that only a gendarme posted on every block will keep bad things from happening. Did the bogeyman hurt you when you were a kid? <g> It's not black and white. It's not detailed regulation vs the wild west. I've set up a lot of systems and organizations included distributed ones. I've even done reorganizations across agencies and the original organization for a brand new agency and designed huge systems. There is certain functionality that has to occur whether in a system or an organization. That functionality includes checks and balances plus audit and legal council. And carefully designed interfaces. You have to figure out where to put this or that so it works effectively and efficiently. Some stuff goes at the highest level, some stuff is best decentralized. Just because it doesn't happen at the command and control level doesn't mean it doesn't happen. I already specified an oversight function that would occur partly at the federal level and partly at the state. The federal oversight, though, doesn't need to be in the bureaucracy. It could be in any of a ANSI, for example, mentioned by i-node is not a government bureaucracy. Then there are self-regulating bodies. Presumably if you are here you are are an investor so you are familiar with self regulation. There are also other federal and state functions that could take on additional duties such as the fraud enforcement that Tim mentioned. My point is that there are lots of ways to set things up. A command and control federal bureaucracy making and implementing regulations is only one way. Command and control is rarely the best way. And, when you're messing with the economy, itself, not just the organization, even less so.