- Jan 5, 2009
- Reaction score
Statutory criminal law with jail time and civil lawsuits brought by victims are much more powerful tools to fight corruption than are regulatory rules created and enforced by appointed bureaucrats. Fraud is a crime, strngthen the fraud laws and prosecute offenders ruthlessly and without regard to class, special interest group or political affiliation. Regulation is capricious, weak, politically motivated and in many/most cases useless. Civil fines and regulatory wheeling and dealing isn't nearly the same punishment as being ass raped in prison can be...I imagine.