Sunday, December 20, 2009

Resistance Substitution Decade

Ok, that's a pretty obscure title. Here's a list from Washington Post of the "Worst Ideas of the Decade":

http://www.washingtonpost.com/wp-srv/special/opinions/outlook/worst-ideas/

In the intro, but not on the list, is Y2K itself. From an Information Technology (both dubious words) perspective, Y2K postponed the inevitability of  the dot com deflation. Sarbanes-Oxley, which is on the list, may be the new Y2K. With its legions of arcane and dubiously effective processes, governance boards and  consultants, SOX may be creating an appearance of activity by pouring money into the I.T. drain while addressing the rules but not the spirit behind the measure. If nothing bad happens, that may be a result of nothing happening at all. All fine as long as there's a budget,

If Y2K was the curtain around the dot com failure, is Sarbanes-Oxley (and its attendant busywork) the curtain around the failure of everything? Hope not.

If you're curious, here's the reference:
http://www.antiqueradios.com/forums/viewtopic.php?t=123223&sid=e1696fbbec1f957889832aeeb8b93a20

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