Tag Archives: Effectiveness

Department of Homeland What?

Worldview Item of the Day Michael Yon has up a scathing piece on the treatment of a Thai fried by an officer of the Department of Homeland Security who traveled to visit Yon over Christmas. Yon’s story fits with a … Continue reading

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What is really wrong with the economy

Worldview Item of the Day

The US economy does not need any more regulation. We have plenty of laws, and at least some of those laws serve to protect us against people doing things wrong. That is, they protect us from people doing things wrong when they are applied.

It turns out that regulators at the SEC systematically ignored the fraud being perpetrated by Bernard Madoff for at least a decade, thereby failing to perform their role of enforcing the laws the US already has to prevent the very kind of scheme he was operating. In doing so, they not only cost Madoff’s investors more than he had already cost them, but they compromised the integrity of the very agency tasked with regulating activity on US stock markets. […] Continue reading

Posted in Economy, Government, Law, Nations, News, Politics, Quid Facis, Society, Spending, United States, World Watch, Worldview Item of the Day | Tagged , , , , | 2 Comments