Thanks to populist politicians ruling the halls of official Washington, there is constant pressure to regulate business. The only result of all this are dampers on an economy in dire need of more productive jobs that only these targeted businesses can produce.
More legislation such as the Sarbanes-Oxley Act of several years ago is not the answer either. The latter legislation has been an expensive failure because it has not done what the politicians wanted, apart from keeping many foreign businesses away from American shores.
The Dodd-Frank legislation will prove to be a classic example of over-regulation meddling disaster.
There is a better way for achieving corporate transparency without oppressive regulation. Example: A better independent look by financial analysts of the balance sheets of public companies. ( See the Earl J Weinreb NewsHole® comments.)
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