If I may discuss the idea of explosion. The number of regulations issued in the last two years is approximately the same as the number issued in the last two years of the Bush administration.
Sentiment: NEGATIVE
The regulations keep on coming. And we are trying to make decisions that we will be happy with for decades.
But let me tell you what happens when regulations go too far, when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business.
The infrastructure of the US is a long-term suspension of disbelief that such things won't be exploded deliberately by people who don't create anything.
I think you have a danger of regulating, putting regulations in place which will mean there will be no press in 10 years to regulate.
It's a lot easier to see, at least in some cases, what the long-term limits of the possible will be, because they depend on natural law. But it's much harder to see just what path we will follow in heading toward those limits.
In the auto industry, there's one thing you can always count on: if a new environmental or safety rule is proposed, executives will prophesy disaster.
When the START 2 treaty has been implemented - and remember it has not yet been ratified - we will be left with some 15,000 nuclear warheads, active and in reserve. Fifteen thousand weapons with an average yield of 20 Hiroshima bombs.
There is a series of sectors which could be severely disrupted by terrorist attacks, particularly if they were to happen in several member states simultaneously.
In a country with millions of people and cars going everywhere, the enemy is going to get a car bomb out there once in awhile.
In 1945, there were more people killed, more buildings destroyed, more high explosives set off, more fires burning than before or since.
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