Why do we have to have any regulations at all?
- They get in our way.
- They cost us money.
- They require more government to create, maintain, monitor, and enforce.
| It has been repeatedly demonstrated that not everyone (especially an impersonal entity) is inclined to always do the right thing. |
The bigger the enterprise, the more complex its structure gets.
The more complex the structure, the greater the risks.
The greater the risks, the more dangerous things get.
The more dangerous things get, the more errors are made.
The more errors that are made, the greater the cover-up.
And somewhere along the way
| vision, honesty, and usefulness |
tend to get overtaken by
| temptation, greed, and corruption. |
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Can you say:
- Ford Pinto gas tanks
- Boeing 737-MAX
- Exxon Valdez tanker
- BP offshore oil drilling
- Tylenol murders
- Enron energy swaps
- Toyota gas pedals
- Jack in the Box E.Coli
- Three Mile Island
- DDT
- Union Carbide - Bhopal
- Arthur Andersen
- Halliburton
- Michael Milken (junk bonds)
- Bernie Madoff (Ponzi scheme)
- GM Transmission Factory Fire
- Love Canal (Hooker Chemical)
- Hexavalent Chromium (Erin Brockovich)
- Lead paint poisoning
- Worldcom
- Tyco
- W.R.Grace
- Leaded gasoline
- Tobacco Industry
- Locked fire exits
- Salmonella
- Toxic waste
- Bank failures
- Earthquake susceptible construction
- Baby crib deaths
- Asbestos exposure
- Child labor sweatshops
- Airplane accidents
- Open manholes
- Contaminated drinking water
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