Sunday, October 3, 2010

Gubernatorial Debates

John Stephans (r) and John Lynch (D) debated on NH Public Radio Friday morning. When asked about the FRM scam, where apparently three different state agencies had some kind of jurisdiction, both candidates said "I will increase coordination between state agencies"
Wrong answer. Assign ONE state agency to handle FRM type scams and pillory them unmercifully if they fail to prevent scamming. For this scam, since three agencies were responsible, hang all three agencies.
The only way to keep regulators working hard is a good healthy fear of loss of job, loss of pension, and loss of cushy benefits package if they sluff off on the job.

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