Too much bureaucracy

Too much bureaucracy

Cry Wolf Quotes

Establishment of minimum margins for banks is unfair and unnecessarily restrictive in principle.

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William C. Potter, chairman of the board of Guaranty Trust Co of NY, testimony to Senate Banking Committee

If the CEO of a $50-billion corporation operating in 112 countries is required to sign a document saying he guarantees under penalty of law that all these numbers are correct, there's not a CEO in America that will sign it.

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Thomas Donohue, President of the Chamber of Commerce
07/28/2002 | Full Details | Law(s): Sarbanes-Oxley Act

[A dramatic increase in regulation under the Obama administration is] threatening to short-circuit our recovery and undermine our long-term growth....More importantly , it is suffocating the entrepreneurial spirit so vital to America’s success.

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Thomas Donohue, President of the Chamber of Commerce

I can imagine the mounds of paperwork with little to do with providing information about hazards. We can see very little if any benefits to the worker….very marginal costs often make the difference between whether you get the business or not.

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Thomas H. Wood, a chamber director and manager of Shell’s West Deptford plant.