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#21
posted to rec.boats.cruising
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Homeland Security vs. Common Sense
In short, I don't think this is really a "war
on terror" issue but a kind of timeless friction between customs officers and boaters... *Exactly* But some folks just want to blame homeland security or whatever elected officials are in office at the time, and it has nothing to do with them. |
#22
posted to rec.boats.cruising
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Homeland Security vs. Common Sense
Wow!
(I think I'm enlightened but I'm not really sure.) -- Roger Long |
#23
posted to rec.boats.cruising
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Homeland Security vs. Common Sense
"Dave" wrote in message ... On 22 Sep 2006 15:41:01 -0500, Dave said: When push comes to shove, "sensible" almost never enters into the discussion, only strict legal interpretation of what the law actually says. You display a profound ignorance of the way the legal system operates. On Sat, 23 Sep 2006 14:42:42 -0400, Wayne.B said: OK, please enlighten us. OK. I'll give you an example from an area of the law I'm familiar with. Back in 1933, after many months of hearings, the congress critters passed a law called the Securities Act of 1933. That law said it shall be unlawful to sell a security unless a registration statement is in effect as to that security. To register the security you must file a registration statement with the Securities and Exchange Commission. The registration statement becomes effective automatically on the 20th day after filing. Reading just the statute, you would think that you file a registration statement, and wait 20 days, and then sell the security. In the real world, that system simply wasn't workable. Probably fewer than one in 5,000 registration statements becomes effective automatically on the 20th day after filing. The SEC (or at that time, the FTC) and the people involved in the industry worked out a system that fit the real world. The system they devised was that when you file the initial registration statement you add a legend on the cover stating that the issuer amends the registration statement at such time as is necessary to prevent the registration statement from becoming effective until the SEC declares it effective by order. Then the issuer and the SEC work out their differences as to what the registration statement will say, and when they have agreed the issuer asks the SEC to issue an order making the registration statement effective. In the real world, if you were to file a registration statement without that legend, you would immediately get a call from the SEC suggesting that you add the legend. If you refused to do so, you would very shortly get an order from the SEC suspending the effectiveness of the registration statement -- i.e. making it illegal for you to sell using that registration statement. There are in fact a few instances where a registration statement becomes effective without an SEC order. Sometimes the lawyers for the issuer decide that the SEC staff is simply wrong in the changes it is asking for, and that if they were to try to get a stop order from the full Commission on that issue they would fail. Under those circumstances, you might file an amendment to the registration statement removing the legend calling for a delay in the effective date, and the registration statement would become effective 20 days after filing that amendment. Effectively they are calling the SEC's staff's bluff. (I believe I have done that once or perhaps twice in over 30 years.) My point is that you can't simply draw conclusions based on what some statute says. Many of the most critical judgments involved in enforcing the statute are made by an administrative agency, and some agencies are far more effective than others in creating a legal scheme that makes sense. I think selling marijuanna works much the same way, 'cept you never get your certificate so you're always illegal. ;-) |
#24
posted to rec.boats.cruising
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Homeland Security vs. Common Sense
On 24 Sep 2006 14:40:03 -0500, Dave wrote:
My point is that you can't simply draw conclusions based on what some statute says. Many of the most critical judgments involved in enforcing the statute are made by an administrative agency, and some agencies are far more effective than others in creating a legal scheme that makes sense. Interesting. |
#25
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Homeland Security vs. Common Sense
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