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> But who regulates the regulators? You and people like you talk as though the various regulatory bodies simply issue an edict and every corporation is obligat
by FussyZeus 8y ago
> But who regulates the regulators?
You and people like you talk as though the various regulatory bodies simply issue an edict and every corporation is obligated to oblige that very second, and it's ridiculous.
1. The regulations themselves are often based heavily upon opinions and trusted advice from people who actively are or who formerly were in the industry being regulated, not simply dreamed up and pulled from someone's ass
2. There is an entire months long process of discussion, meeting, decisions, appeals, revisions, etc. engaged in between experts on both sides, lawyers on both sides, etc. By the time a regulation becomes required law, it's likely been attended to by a few hundred if not thousand people from both private enterprise and Government over months if not YEARS of work.
3. Once a regulation becomes law, companies often have months of forewarning to get into compliance. In the event that a business is non-compliant with something, unless it's immediately life threatening, they are given warnings, written warnings, guidance, possible solutions, etc. Regulators are not some comic book villain trying to fuck over mom and pop stores. They are attempting to ensure the safety, efficiency, and long life of everyone involved in a business. They want you to be compliant, not to file paperwork and shut you down.
> As bad as this example is, have you never heard of the nightmares people fall into dealing with government bureaucracies?
Oh I have, and for years and years I took them at face value but ANECDOTE IS NOT EVIDENCE. Almost every time you hear about some person who ended up on the wrong end of a regulator's pen, if you start digging you'll find a long history of shady ass behavior from that person which is conveniently omitted from their account of the events, for I'm sure totally-not-lying reasons.
> Regulation isn't obviously positive just because there are reasons people trot out to justify it.
The vast majority of regulations are written in the blood of the people who had to die to show us that storing some chemical in a break room gave every 3rd employee cancer, or every person who ate fish from a polluted river who didn't know that the chemicals in it would destroy their bodies. The fact that you personally don't understand whatever is behind a given regulation, does not make it unimportant or frivolous.
> But neither does the Social Security Administration, the Department of Justice, my local police department, my local school board, or any post office in which I've ever found myself.
Except you can affect those if you get off your dead ass and vote.
- slededit 8y agoSounds like a great system for the incumbents, and a massive cost to any new players. You give it away when you say "both sides". In fact there are many sides, and regulation all to often favours the one with the best connections to the government - usually the largest.
- musage 8y agoYeah, by now. The idea is to reverse that, because if you just say "fuck all regulations" you have pandemonium, which is the same in that it also favors the largest, but is different in that it's a million times worse than even what we have now. The very same interests that subvert regulations then use that subversion to say regulations, "in general" are bad, without explicitly saying what the alternative would be. No regulations, or less corruption? What, exactly, are you arguing for?
- 394549 8y agoBTW, you've been shadowbanned for 5 months or so. All of your comments start out invisible except to accounts with showdead=true. Those accounts can sometimes "vouch" one of your comments, like I just did here, making them visible to all users. It probably happened to you because of something to do with this thread, since the dead comments start just after that: https://news.ycombinator.com/item?id=16236350 https://news.ycombinator.com/item?id=16236350