New laws

Some people complain that the bible is unclear or ambiguous but in order to satisfy those people the bible would have to be written like a legal document with lots of whereas and party of the first and so on. The same thing is true of government regulations. They are written to try to cover every possibility and thus end up so complicated they mess up what they are trying to help. Back in 2000 a company called Enron worked closely with an outside accounting firm called Arthur Anderson and both conspired to jimmy the books and it ended up with Enron going bankrupt and Anderson going out of business. Two congressmen the Messrs Sarbanes and Oxley came to the rescue with new legislation but as might be expected it is so complicated that companies are at a loss as to how to enforce the new rules. The cost of hiring accountants and lawyers is so overwhelming that small companies are put at a disadvantage and are at risk of unintentionally breaking the law. Laws like this should be reviewed and refined once they are in effect.