What are regulators for if they fail to regulate? To be replaced by another dysfunctional organisation.
Why do politicians believe regulators ‘work’? Because they don’t have the understanding of the system of dishonest money and public debts that plays the tunes that everybody in public office is singing.
Why do victims have to fight for their rights? Because people in positions of institutional power don’t care, don’t deal with individual cases and generally seem to be trained to fob off.
Here is the latest example I came across: Cameron Farley Action Group.
As long as governments produce the money to bail out banks, they should also produce it for victims and act as Compensator of Last Resort.
The Public Inquiry into White Collar Crimes petition is our latest attempt towards that goal.