gbaji wrote:
catwho wrote:
I dunno, I'm presently cheering on the AT&T/T-Mobile merger block. Seems like the government is doing a dandy job of preventing a monopoly there.
We'll see what happens over the next 5 years though. I'm going to predict that the government will step in to regulate said merger, allowing it with specific requirements the government wants. And while it's possible that said requirements will act to protect and help the end users, if history is any indicator it'll more likely sacrifice the consumer for the sake of government control and money funneled into the right government hands.
It's possible that government *can* do the right thing. It's just that when there's so much money involved, human nature inevitably steps in, and corruption occurs. Government is made up of people, and those people absolutely can and will use their regulatory powers to benefit themselves (or their own pet policies) in some way. I don't hold out a whole lot of hope for a clean action here. Never know though.
I've been bouncing around a theory of percentile compensation for persons who report ethics violations where a party employed by the US Gov't stood to gain financially from corrupt activity. I'm thinking the best way to keep them honest is to chum the waters if they get greedy. Unfortunately their are still some abuse case holes in it though. Partly due to being unsure of where to tune the numbers for optimal results.
Trying to limit regulatory capture while also not poisoning the justice system is a tough line to walk.
Edited, Dec 8th 2011 3:59am by Timelordwho