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Political Discussion
Reply to "Bye-bye Chevron "
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[quote=Anonymous]I predict this will have many unintended side effects. One of them, ironically, may be that the cost of regulation actually increases because of the increased need for attorneys to deal with all the litigation. If regulations are now on shaky legal ground, the obvious course of action for a regulated community is to bog down their regulator with legal action. The regulators will then be required to raise their fees in order to afford more attorneys and legal assistants. I, for one, am really uneasy with the prospect of things like financial regulations being left to the judiciary. The regulated communities tend to be a lot better funded than their regulators, and there seems to be a lot of opportunity for corruption if this is handed over to elected judges. [/quote]
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