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Political Factoid

  • Insider industry analysts
    nearly always say the
    government goes too far
    when imposing regulations
    to protect consumers.
     
  • But when industry associations
    try to take the initiative*
    they invariably come up
    short in true effectiveness.
     
    Example:
    The cell phone industry will
    include cell phone "killswitches"
    to protect against theft,
    but it will require the consumer
    to explicitly to request "opt in."

     
    "That's a bit like making people
    request that seat belts be
    installed in their cars."
      
* with hopes of keeping the government out
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Last updated * 2014-04-18
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