08-04-2011, 03:58 PM
billb wrote:
[quote=Grace62]
[quote=billb]
We've had to hire lawyers just to read and interpret the regulations the Fed lawyers scheme up. Heck some of their own lawyers have a hard time with them.
Barney Frank has had to do the same.
More twisted hooey.
Herman Cain would be a great candidate for you. He wants all bills 3 pages or less.
The bills can be cartoons for what that's worth, It's the regulatory commissions the bills set up where the scheming lawyers and administrators end up complicating and destroying what the bills set out to do.
Which is why I specifically mentioned regulations not congressional bills and Acts.
Keep focusing on just the front end of the problem and ignore the meat. It's easier.
Can you provide a specific regulation of your industry, and the specific rules, where this is the case? I'm curious to see what you're referring to and hear how you think that reg could be simplified.
I used to work in banking, I'm no stranger to regulation.