The IMF was both late in detecting the problem and ineffective in getting the government to act.

CNN: This monetary body would limit Crisis spillover effects

She said the proposed Interstate Horse Racing Improvement Act would remove oversight from a hodgepodge of seemingly ineffective state commissions.

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The existing law that regulates chemical safety, the Toxic Substances Control Act, was written in the 1970s and is ineffective and outdated.

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The court would act when national courts could not, or were seen to be ineffective.

ECONOMIST: A criminal court for the world

One key law, the Electronic Communications Privacy Act (ECPA), is 25 years-old and increasingly ineffective when it comes to protecting our core values that are enshrined in our foundation laws, like the 4th Amendment, from the onslaught of temptations flowing from technology now widely available.

FORBES: Lawmakers Propose Changes To Make Government Get Warrant Before Reading Your Email