On Mon, 22 Jul 2002, Trei, Peter wrote: > Well, the other possible interpretation is that the Feds are not > black-at-heart, Big Brother, neo Stalinist fascist JBTs > pouncing on any opportunity to make confetti of the Bill of Rights; > but rather are actually trying to respond to 9/11 with a minimal > impact on US Citizens. > > ...but of course, that would be an unpopular interpretation on > this mailing list.
I agree. I assume that they have enough on their hands without adding wholesale oppression. Takes time. Very expensive. That's one of the advantages of an advanced market economy. Salaries and other operating costs are high and the wealth of your adversaries is also so high that unless you're making a profit on the transaction it's hard to "buy" too much of something even if that something is oppression. If the activity to be regulated doubles in size, the regulators had better double in number too or they begin to fall behind. SEC? Markets can adapt to demand changes because the actors are self-financing in the long run so they scale well. Government actors aren't self-financed (only a small number are in charge of theft) so scaling is difficult. Also voluntary transactions are easier to complete than coerced transactions (think prostitution vs. rape) since there is no resistance. We'll see. DCF ---- Governments do not become nicer or nastier because of their capabilities and attitudes. They become nastier or nicer because of *our* capabilities and attitudes.
