Let's remember, though, not to fall into the trap of thinking that its current incompetence is intrinsic.
Playbook: anti-regulation entities capture government, strip down regulators, and when disaster ensues, point to regulators' inability to prevent or address issues as an argument to further scale down the watchdog's power.
Playbook: anti-regulation entities capture government, strip down regulators, and when disaster ensues, point to regulators' inability to prevent or address issues as an argument to further scale down the watchdog's power.