Time to overhaul the regulators.

So. The SEC had reliable allegations that Madoff was committing fraud back in 1999, and did not investigate.

The FCC likes to censor television and limit competition in every industry it covers. Mmm, tasty duopoly.

The FDA can't approve a new drug, nor can it order fraudulent drugs off the market (as long as the advertising says "These statements have not been evaluated by the FDA. This product is not intended to treat or cure any medical condition." in very small print.

The Consumer Product Safety Commission doesn't inspect any consumer products for safety.

FEMA can't manage any emergencies.

The Federal Energy Regulatory Commission stresses competition as the key safeguard for consumers. How many suppliers do you have for your electricity?

The EPA is powerless and occasionally unwilling to do anything to protect the environment.

How many of these are fixable?

Time to overhaul the regulators.

So. The SEC had reliable allegations that Madoff was committing fraud back in 1999, and did not investigate.

The FCC likes to censor television and limit competition in every industry it covers. Mmm, tasty duopoly.

The FDA can't approve a new drug, nor can it order fraudulent drugs off the market (as long as the advertising says "These statements have not been evaluated by the FDA. This product is not intended to treat or cure any medical condition." in very small print.

The Consumer Product Safety Commission doesn't inspect any consumer products for safety.

FEMA can't manage any emergencies.

The Federal Energy Regulatory Commission stresses competition as the key safeguard for consumers. How many suppliers do you have for your electricity?

The EPA is powerless and occasionally unwilling to do anything to protect the environment.

How many of these are fixable?