est of the laws made are not to protect the investor, consumer or public, but rather an industry, corporation or specific business interests. Does this mean regulatory bureaucracies are a complete disgrace and utter sTo protect the public from what might be called run-away capitalism, the United States Government has set up regulatory bodies to curb corporate crime. Unfortunately nearly every law they make they make not to protect the American People but rather to protect one corporation, industry or business group against another. How so you ask?

Well simple and we have all heard about corporate lobbyists who help law-makers make the laws. Of course the politicians collect bucko bucks from these folks in trade for making life easy for them and insuring that laws are made in order to protect their interests against free-market competitors who do not support the politicians with the big campaign contributions.

Does this mean that all regulatory compliance is bad? Certainly not and I estimate about 15-20% actually is needed to protect the American People, the rest of the laws made are not to protect the investor, consumer or public, but rather an industry, corporation or specific business interests. Does this mean regulatory bureaucracies are a complete disgrace and utter sh

the American People but rather to protect one corporation, industry or business group against another. How so you ask?

Well simple and we have all heard about corporate lobbyists who help law-makers make the laws. Of course the politicians collect bucko bucks from these folks in trade for making life easy for them and insuring that laws are made in order to protect their interests against free-market competitors who do not support the politicians with the big campaign contributions.

Does this mean that all regulatory compliance is bad? Certainly not and I estimate about 15-20% actually is needed to protect the American People, the rest of the laws made are not to protect the investor, consumer or public, but rather an industry, corporation or specific business interests. Does this mean regulatory bureaucracies are a complete disgrace and utter s

s. Of course the politicians collect bucko bucks from these folks in trade for making life easy for them and insuring that laws are made in order to protect their interests against free-market competitors who do not support the politicians with the big campaign contributions.

Does this mean that all regulatory compliance is bad? Certainly not and I estimate about 15-20% actually is needed to protect the American People, the rest of the laws made are not to protect the investor, consumer or public, but rather an industry, corporation or specific business interests. Does this mean regulatory bureaucracies are a complete disgrace and utter s

upport the politicians with the big campaign contributions.

Does this mean that all regulatory compliance is bad? Certainly not and I estimate about 15-20% actually is needed to protect the American People, the rest of the laws made are not to protect the investor, consumer or public, but rather an industry, corporation or specific business interests. Does this mean regulatory bureaucracies are a complete disgrace and utter s

est of the laws made are not to protect the investor, consumer or public, but rather an industry, corporation or specific business interests. Does this mean regulatory bureaucracies are a complete disgrace and utter shame? Hey good question indeed, and remember you said it not me!

If things are so bad why do we allow this to go on? Why do we allow the blob of bureaucracy to run-a-muck like that? Your guess is as good as mine or Adam Smith for that matter. Consider all this in 2006.