Too much bureaucracy
Cry Wolf Quotes
If the CEO of a $50-billion corporation operating in 112 countries is required to sign a document saying he guarantees under penalty of law that all these numbers are correct, there's not a CEO in America that will sign it.
The Securities Act of 1933 created a serious obstacle to recovery, through its drastic regulation of the issuance of new securities by private enterprise. The Banking Act of 1933 created an additional impediment through the provisions of Section 16 prohibiting the national banks from participating in underwriting securities after June 16, 1934.
[The proposed bloodborne pathogen standards are] too expensive, a waste of resources and overkill.
We have 1,000 products. If every state has different reporting requirements, we’d have to produce 50,000 different [Material Safety Data Sheets].
