Quote from Rearden Metal:
<i>"The SEC does not pay well..."</i>
Awww... the poor souls aren't paid well for all their fine work?
They've looted a 7-figure truckload of SEC fees from my accounts over the years, but I suppose I should do the right thing and send them a few hundred grand extra for Christmas this year.
Poor guys are probably forced to drive around in last year's BMW models, and settle for 4-diamond rated girls from Emperor's Club VIP every week.
<i>The IRS and SEC are two heinous US diseases, worse than prostate cancer... </i>
Agreed... but instead of disbanding the diseased federal agencies, I think our rulers would be far more likely to create more new ones instead. For instance, perhaps the gov't should confiscate another few hundred billion dollars from our paychecks and use it to fund a new armed para-military regulatory agency: The Food Enforcement Agency. After all, overeating (or 'food abuse') is the cause of many severe medical problems.
The FEA could regulate the nation's food industry with an iron fist, 'scheduling' (banning) unhealthy foods, and carting off all the prohibition violators to prison camps at gunpoint. For instance, French fry traffickers would receive a mandatory minimum ten year prison sentence. I think this would really help solve America's obesity epidemic, just like how the DEA has successfully stamped out illegal drug use.