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Updated: May 12, 2025
These steps have already saved billions of dollars in regulatory costs and slashed thousands of outmoded regulations. We are moving steadily toward a regulatory system that provides needed protections fairly, predictably, and at minimum cost. I urge Congress to continue on this steady path and resist the simplistic solutions that have been proposed as alternatives.
Communist-era "directors" their skills made redundant by these developments were shockingly and abruptly confronted with merciless market realities. Predictably they flopped and were supplanted by expert managers and technocrats, more attuned to markets and to profits, and committed to competition and other capitalistic tenets.
These steps have already saved billions of dollars in regulatory costs and slashed thousands of outmoded regulations. We are moving steadily toward a regulatory system that provides needed protections fairly, predictably, and at minimum cost. I urge Congress to continue on this steady path and resist the simplistic solutions that have been proposed as alternatives.
The implicit belief was that the price mechanism will provide the missing planning and regulation. In other words, higher prices were supposed to guarantee an uninterrupted service. Predictably, failure ensued from electricity utilities in California to railway operators in Britain.
And permission was becoming ever easier to acquire. It had slowly evolved, the resorting to trial by combat to settle disputes between competing corporations, disputes between corporations and unions, disputes between unions over jurisdiction. Slowly, but predictably.
While her humakin companion predictably stood up and stared at her with horror, across the room a human male who had just witnessed the event was so filled with ardor and longing that he almost broke the table in his rush to get over to her and make her acquaintance.
One group claimed to have virtually duplicated the plasmoid loaned to it by the Federation, producing a biochemical structure distinguishable from the Old Galactic model only by the fact that it had quite predictably fallen apart within hours. But plasmoids didn't fall apart. The specimens undergoing study had shown no signs of deterioration.
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