Two much-needed legal changes are a new loan-guarantee law (to make it easier to seize assets) and a bankruptcy law (to make it harder to avoid paying by going bankrupt).
In this regard, a proposal to regulate encryption and guarantee law enforcement access centrally feels rather like a proposal to require that all airplanes can be controlled from the ground.
Why not a height guarantee law?
[C2.] Mexico Revamps Bankruptcy Laws The Mexican Congress has passed legislation to replace bankruptcy and loan-guarantee laws dating to the 1940's.
The rights spelled out in the European Union's deposit guarantee laws should never have been put into doubt, and the specter of future runs on banks looms large across the periphery of the euro zone.
"This grabbing of ordinary depositors' money is billed as a tax, so as to try and circumvent the EU's deposit guarantee laws.
"Today's plan guarantees that law enforcement and rescue workers will have the trucks they need to keep us safe.
What rights would they guarantee in law?
Police station advice was guaranteed by law.
A truly independent regulation of the press, guaranteed by law.
In America, for example, state and local pension benefits are guaranteed by law in many states.
