October 27, 2013
I consider it a lie when there is a pattern of telling people things that aren't true, regardless of the excuse for doing so.
Fair enough. We each have our own opinion. For me, as long as FI's don't have to provide the granularity, the vagueness is misleading, even bordering on the unethical, but it is not a lie. Hence we need better disclosure rules so as not to allow those without much of a conscience to get away with that...and to avert the conflicts that employees with good conscience have and are stressed about and sometimes quit.
I've made a few written presentations in the past to regulators when they've floated proposals for public comment. Sadly, almost no one from the 'everyday public' does, so there is no 'in the face' pressure for regulators to lead the troops into battle. We have seen the face of the enemy and they is us.
October 21, 2013
Perhaps people feel they won't be listened to, even if they make a presentation.
Or, as Jane Jacobs once said, (in my words as I can't provide the exact quote), by the time they hold a public consultation, the decisions have basically been made and they are really just looking to sell you on their plan or tweak it for any minor adjustments that they may have not noticed. This is from a woman who spent an awful lot of time and energy trying to affect public policy. It corresponds to my experience at the municipal level at least.