With this latest regulatory grab instituting control over compensation decisionmaking at not only government-owned industries but those merely subject to regulation, the administration seeks to impose more and more control over independent business judgment of risk, individually-negotiated compensation agreements, and who knows what next. There is a reason competition works, and it's partly because individuals take calculated risks in the marketplace. When the government steps in to "correct" these risks, the result is not competition. It's a dramatically less efficient marketplace..... Besides, we don't really have enough money to fund a regulator to sit over the shoulder of every bank teller. This is getting ridiculous. See a fuller description latest here.
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