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Author: tim443 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 459113  
Subject: Re: West, Texas Explosion & Regulations Date: 4/21/2013 1:35 PM
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I'd make a good bet that a lot of regulatory complexity could be dispensed with if corporate officers were held personally accountable for such disasters.


Another popular method is to publish the objectives and broad guidelines then leave them guessing as to the details with of course the regulators as the final arbiter of what is or isn't right. }};-D

This leaves it up to the business to avoid becoming a target by meeting those guidelines and asking "before" he stretches the rules.

Instead of thousands of pages including the thickness and material in the fire wall just write "A firewall must be in place that will delay ..." or perhaps something like "Best industry practice must be used...".


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