03-03-2012, 12:16 PM
(03-03-2012, 12:06 PM)d.o.g. Wrote:tanjm Wrote:even if they were completely open about why they do what they do, does it enlighten the average person better? Will it reduce complaints?
It is true that many people do not know and those who do know may not care. But without disclosure there is potential for abuse, and when that happens all of us could suffer.
This statement could apply to literally almost anything about any complex entity or government in the world. Even if you are offered a blow by blow account, it doesn't mean it won't be abused - the govt is its own auditor.
When you buy shares in a company, you are relying on trust that its accounts and business are accurately portrayed as well (an auditor is only a pretty limited creature).