the the fed. govt. is there for is to regulate things that state and local govts. cant do. it needs to keep us safe from dishonest corporate execs. and to make rules concerning reporting requirements. what has happened is that politicians get their funding from those very people. thats why things have gone to hell in a handbsket. the foxes are watching the chickencoop. the govt. has let accounting standards change so that stealing is ripe and hardly considered a crime. for years now the biggest theifs from corporate finance have gotten slaps on the wrists while walking away with millions and laughing. maybe now its starting to change. i hope so.