Update Stream is up and down. I’ve been told “nerds are working on it.” So if you are having troubles, keep checking back.
Lots of election hand wringing out there. Doctors complain of a tsunami of dyspeptics, psychologists are inundated by the anxious, even masseuses aren’t able to kneed the knots of stress quickly enough. Everybody is asking: Will American Bern in November? Will an army of Trumpites rise and devour the land like locusts? Will Washington be Cruzified and cast into darkness? Or will the Purple Pant-Suited Monster unleash a cackle of destruction of Biblical proportion?
One of these fates we’ll suffer, that much is certain, and surely some of these banes are worse than others. But which we end up with really won’t matter much one way or the other. Why?
Because the body politic is infected by an incurable cancer, one that grows inexorably regardless of the treatment applied. That cancer is the bureaucracy. The disease is non-localized, systemic; its tendrils have reached into every organ and system of governance. Its pervasiveness is why treatment is futile. Even if we could cut the cancer out, the surgery would kill the patient. Prognosis? Terminal. Here’s my proof…
The government also saw to it, under the Change in Bank Control Act (12 U.S.C. 1817(j)) and §?225.41 of the Board’s Regulation Y (12 CFR 225.41), that Margaret M. Brownlee (among others) will be allowed to “to retain voting shares of Bank Management, Inc”.
These examples could go on and on—and in fact they do. The handful shown are culled from the list of proposed regulations for just one day and listed helpfully on the site Regulations.gov. There were 58 new regulations on the day I accessed the site, Friday, 11 March 2016. Fridays are slow days, especially in government offices. We know this because over the last 90 days there were 5,767 new regulations and (as of that same date) at least 1,206 more to come over the next 90 days. That’s roughly 24 thousand new regulations per yer, a rate which ever increases…
It’s all there and all under government control. Why? Try suggesting that the government shouldn’t regulate aircraft maintenance schedules. You’d probably convince a majority of its needlessness. But there would be a small, vocal minority which is utterly certain that if the government ceased its micro-oversight, planes would drop out of the sky. What about the children?
This skittishness, which is everywhere, accounts for part of the inexorable growth of the bureaucracy. The other cause is that once a regulation is in place it is soon realized it is not specific as it should have been. And so it is amended, added to; it divides like a well-fed paramecium…
Go there—do it!—to read the rest.