So The Market Can Regulate Itself, Can It?!?!
For the past 30+ years, I’ve worked in the field of consulting to the Fortune 500. After departing the Navy, I began in aerospace… until the market consolidations began in the 1980′s. I then branched out into chemical engineering to make up for the lost business from the aerospace market consolidations. I was just finishing up my Ph.D. when DuPont, yep, that DuPont, took a “hissy-fit” over my daring to prove them guilty of racketeering after I took a contract with plaintiffs suing DuPont over DuPont’s Benlate Benomyl fungicide.
DuPont’s “hissy-fit” consisted of having me professionally blacklisted, and then DuPont followed up by having me audited by the IRS. Mind you, the audit notice was authored by the same “Al Lamy” that signed all those fictitious federal regulatory agency inspection reports that proved DuPont’s racketeering. But imagine me having to explain to the IRS DuPont’s fictitious numbers. However, I was one of the lucky ones, I survived! Oh… but the horror stories I could tell…
So it’s from this “first hand” experience… and a little research into history… that I coined the expression that no regulation ever came about because of some bureaucrat, having a wild hair up their derrière, decided unilaterally to take their own “hissy-fit” against a business them self. Nope… instead, when you take a look at any regulation, you will find an example of a company… and usually the specific company(ies) by name(s)… taking “liberties” with the market. Thus, that woosy GOP gripe that “there is too much regulation” simply doesn’t wash!
After DuPont, I went into business process re-engineering… which consists largely of developing enterprise-wide software. My belief is: for me to add any value in the field for which I consult, then I must know what’s going on in that field so that I can position my clients’ company to be the most competitive in that field. So I’ve long learned to pay attention to what’s going on in the market. And in many cases, I’ve also learned that you have to “read between the lines” to get an idea of what’s “trending.”
For example, where I grew up, and where my father and siblings still live, a post card was mailed out to residents alerting them of a planned “seismic study.” How “innocuously innocent!” But, as one individual who would have been effected by this “harmless seismic study” pointed out in a letter to the local paper:
Energy study could cause damage
It seems that armed with $7 billion from assets sales, energy giant Samson is planning to fracture the grounds under Galveston and Brazoria Counties.
It started by quietly acquiring area mineral rights and announcing that it was conducting a seismic study. Samson has managed to keep its intent under the radar by making it sound harmless in the postcards, telling residents about a public notice posted on the Army Corps of Engineers website.
The summary on the website (http://www.swg.usace.army.mil/Media/PublicNotices.aspx) fails to mention that under the sound receivers, half a million pounds of explosives will be detonated under our counties, without keeping safe distances from homes and other structures. The shock waves can collapse underground soil gaps from long droughts, causing cracks in slabs, wells, septic systems, bulkheads and driveways, as happened before in Texas City, Hitchcock and Bayou Vista.
To keep us from being alarmed, no mention is made about fracking, likely to follow with chemicals posing dangers to water aquifers and wells. It will happen, unless you object before Feb. 20 to Natalie Rund, CESWG-PE-RE, U.S. Army Corps of Engineers, P.O. Box 1229, Galveston, Texas, 77553-1229, or call 409-766-6384, (fax) 409-766-6301, regarding SWG-2012-00906.
Gerhard Meinecke Dickinson
Galveston County is already in a “moderate” drought. When I visited there back in early autumn, I noted that my sister’s house was already suffering the effects of that drought. Thus, the intent behind this “innocuously innocent” post card was to “go around” the need for any public hearings… taking completely out of the equation those who would be most adversely affected… and to heck with the problems those explosives will cause to them. This is not how “little ‘D’ democracy” functions. This is, however, how banana republics function!
The “Next Pearl Harbor”
You may have either heard or read about Defense Secretary’ Leon Panetta warning about what the “next Pearl Harbor” was going to be. Defense Secretary’ Panetta’s take on the subject was that China or Iran would most likely be the culprit behind this sabotage. I beg to differ… I suspect that the harm Defense Secretary’ Panetta is “rightfully” trying to warn us about will be from a “third column” attack… from America’s own businesses.
Another example of the market’s inability to regulate itself is something I’ve been tracking… and yes, I DO mean tracking! A little over a year ago, I noted Microsoft “taking liberties” with my home PC. I… just like many in my field… chose, due to instability problems with the Windows’ operating system, not to upgrade my PC from using the XP operating system to the Windows 7 operating system. Microsoft decided “that’s not fair, we have to make money.” So Microsoft decided to do something about it.
What Microsoft decided to do was to override my settings and “force their updates” onto my PC… even though Microsoft no longer supported XP. What these “upgrades” did was to systematically incapacitate my PC’s functionality. Among those poor, innocent “babes in the woods” (those poor computer illiterates), they most assuredly would reckon that their PC’s simply reached the end of their natural lives and passed on… they wouldn’t have a clue that their PC’s were sabotaged. Thus, they would simply go out and buy a new one.
When Microsoft began this “vandalism,” I began putting together a log to track this vandalism. I logged dates and times (always in the wee hours of the morning when everyone would be safely asleep), the IP addresses they were sent from (they never came directly from Microsoft’s own IP address), which applications those updates vandalized, and I saved those updates onto my backup drive on the system… so they might be un-compiled to determine what their “intent” truly was.
In my book, I feel that Microsoft’s actions with these updates is comparable to a “lone tire dealer” in a state the size of California sending their employees about “knifing tires” to generate business. So after I felt I had “enough” to sue Microsoft for this, I forwarded the log and files to the U.S. Federal Trade Commission (FTC).
The FTC Isn’t The Only Government Agency “Bought Off” By “Big Business”
Finally, if you thought you might escape how America’s “banana republic” has corrupted government and tune out by tuning in to the “tube”… guess again! In direct violation of the Federal Communication Commission’s (FCC) regulations on how much time can be devoted to commercials, advertisers are now up to 37.2881 percent of “on air time.” In addition, throwing the recent ruling on how loud commercials can be, advertisers have, likewise, thrown that FCC ruling “under a bus” too!
And how the FCC has been bought off! When one considers all the other “games” telecommunication companies… alone… are playing, then it grows clear that if government truly needs to cut costs… then get rid of the FCC! Why pay for a government department that just sits there collecting a check?