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Notes to myself, possibly of interest to others.
-- Bill Northlich

Monday, March 23, 2009

Jubak on Reforming the Regulatory System.

"I think reform -- stem-to-stern reform -- is an absolute necessity. But I think almost all the existing regulatory bodies have been captured by the industries they are called upon to regulate. Tear them all down, I say, and begin from scratch. Within 20 years, we'll be facing the same problem of regulators captured by their regulated industries, but, as Huey Long said about his plan to redistribute the country's wealth, what a time we'll have had."

--- Jim Jubak, 3.20.09

(My italics. Entire article a good read)

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