INR 2.22% 22.0¢ ioneer ltd

If anyone wanted to study the complexities of USA bureaucratic...

  1. 5,165 Posts.
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    If anyone wanted to study the complexities of USA bureaucratic overindulgence, then this would be the stock.

    It seems like literally every public servant in a USA government department is involved here, it's almost reached the stage of a Monty Python type ridiculousness.

    Every man and his dog wants to have a say, and now the 45 day public comment period will be interesting, because that simply permits all the enviro-extremists and fanatics and nutters to start screaming all over again, and anyway, why is it 45 days and not simply a month, better still, why isn't it a week.

    They've already held a hundred public and community meetings over the past couple of years, and the same people from those meetings are going to write down in print exactly what they've been saying in voice over the last couple of years, and no-one is going to change their  position, so why have a 45 day public comment period, because we've already effectively had a 3 year public comment period.

    And all that is going to happen is that a couple of public servants are going to print out all the comments and then sit down with a sandwich and coffee and read through them, then call committee meeting after meeting, write on white boards, eat donuts, and talk about the comments, then compile a detailed report to be distributed to all their other public servant colleagues to sign (if they're not on holidays).

    And who is going to have access to read all those comments, will the company be permitted to see them?

    Everything is just delay, delay .... delay.

    It's a giant farce, but at least INR has saved the weed, not that the enviro-extremists ever offered any help on that either, or bothered to lift a singly finger to help the INR botanist, who, by the way, seems to be doing an excellent job.

    As you can tell, for many shareholders it is more than frustrating, and quite simply, pure bureaucratic lunacy (PBL).

    The last 3 years of bureaucracy could quite easily have been completed just as effectively, and with exactly the same results, in one single year.

    The delaying tactics is sometimes known in the public servant bureaucracy as "creative inertia".

    Yes Minister - Creative Inertia


    Yes Minister - How to Delay and Discredit Reports


    Gw
 
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