Nick, you nailed it. I’m an American, so I’m pro-minimal government, a “necessary evil.”
Problem is, regulation is often necessary due to stupid people and stupid greed.
Then “problem is,” it’s government; they are proven to be the worst business managers on the planet, proven to be the most corrupt organization there ever was (at least documented corruption) and now this.
The MO will go the usual route; it’ll be a good thing until they screw it up…and we KNOW they will.