The laws themselves become traps and snares, in which plain honest men, who were unacquainted with logical quirks and subtleties, were catched.
The basic architecture of Dodd-Frank makes sense. At the same time, as a number of regulators and legislators have observed, the act was a complex effort that produced thousands of pages of rules.
For some obscure reason, some authorities seem bent on making the drinking of wine a ritual more complicated than chess. They have succeeded in inhibiting a large section of the public and depriving them of one of the greatest pleasures known to man.
I would say the No. 1 problem with the Volcker Rule is it's too complicated, and people don't know how to interpret it.
The refs are so confused themselves because there's so many rules. It's like, 'Oh my gosh I've never seen this many rules in my life.' And everybody's trying to govern this and justify that.
Simple, clear purpose and principles give rise to complex intelligent behavior. Complex rules and regulations give rise to simple stupid behavior.
The Japanese are great at inventing complex systems of rules, and not so great at explaining those rules to foreign visitors.
Boyhood is distracted for years with precepts of grammar that are infinitely prolix, perplexed and obscure.
Croquet is tough. People play for months because the rules are so bizarre. Those crazy English.
Children's games constitute the most admirable social institutions. The game of marbles, for instance, as played by boys, contains an extremely complex system of rules - that is to say, a code of laws, a jurisprudence of its own.
Many people, many girls have tried to teach me the rules to football. And you would think that it would get in my head that way, but I just don't understand it.
Taken as a whole, Europe's share of world output is projected to fall by almost a third in the next two decades. This is the competitiveness challenge - and much of our weakness in meeting it is self-inflicted. Complex rules restricting our labour markets are not some naturally occurring phenomenon.
There are people who look at the rules and find ways to structure around them. The more complex the rules, the more opportunities.
