But some of these products were completely unregulated, and others went through the Commodities Futures Trading Commission, which in recent years was uninterested in regulating anything.
"There is no mention of any power to regulate 'services' in the statute, much less of the power to regulate anything resembling voluntary personal association of the kind alleged against Mr. Lindh," the lawyers wrote.
"They've chosen the path they've chosen since the 19th century -- they can't regulate anything except school mismanagement, everything else is judgment and they don't want to make judgments on the quality of the instructional program".
David Viniar, chief financial officer of Goldman Sachs, said scale could both help and hinder risk management: "Trying to regulate anything by pure size is a very dangerous thing to do".
It argues that its law does not regulate anything, but only disassociates the citizens of Massachusetts from a vile regime by spending their money in a way that they approve of.
"They will probably tell you they don't want the EPA to regulate anything so it is in their interest to turn what the EPA has proposed into something that is grotesque and unreasonable, which I don't think is true," Weeks said.
The Civil Aviation Authority, which is responsible for regulating anything that goes up over British airspace, says that, to date, they have not been asked to certify any jetpack design, but point out that if jetpacks are to be classified in any way as aircraft, then the user will be designated as a pilot and will need some kind of licence.
Such agreements might regulate anything from a general mission statement regarding CVT for employees to very specific guidelines as to how much CVT the firm should provide for each worker and who should pay for it.
To me, that really is a waste of time for everyone because the fact is that before you can regulate anything you have to have a knowledge and an understanding of what it is you want to regulate and what about it you want to regulate.
Surely the modern reading of the power, that Congress can regulate anything that "affects" interstate commerce, is bounded only by one's judgment of that amorphous standard by one's (value) judgment about what does or does not affect interstate commerce.
