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Air safety regulations, of course, would remain the responsibility of the federal government.
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Those high margins are protected, of course, by a ring of defensive regulations, Bar Association rules and deeply ingrained habits that make it hard for an investor-controlled business to crack the legal profession.
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There will be talk, and fights, of course, but for those hoping to avoid more regulations on pollution, it could be time to exhale.
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And of course, if someone wears an outfit that truly violates FCC regulations, then CBS should not allow that person on camera.
CNN: Don't try to be sexy at the Grammys
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Congressman George Miller too was mystified as to how this could have happened after all the regulations governing ship traffic in the Bay's obstacle course.
NPR: San Francisco Bay Oil Spill Investigated
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Of course, the impact of the financial reforms will be weakened to the extent that new regulations divert activity to unregulated parts of the financial system.
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Fluffing a company, pushing the limits of regulations, hyping the public are time-tested roads to fast money, though of course they contribute nothing in terms of value creation.
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And where I think the low-hanging fruit will be is those regulations that are just there on the books because nobody has really thought through, over the course of 10, 20, 30 years, is this still the smartest way for us to achieve our objective?
WHITEHOUSE: Meeting of the President's Council on Jobs and Competitiveness | The White House
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The promise, of course, lies with keeping with what works, namely maintaining a free and open Internet while insulating it from legacy regulations.
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Of course, the answer may just lie in taking the counter-intuitive path by being disruptive, going around the regulations, and scaling a more accessible, affordable, and customizable service from there.
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