THE ACCURST TOWER
Another Historic Novel by John Winslow
Jaime Dimon, CEO of JPMorgan Chase, a combination of financial institutions bailed out with $45 billion, asked for expanded regulations for permitting us to live with companies too big to fail. The government has obliged. It has created new bureaucracies to “monitor” them. “Are you disenchanted with bureaucracies and regulations?” the reporter for The Energy Bar Journal asked “The Acquisitors” author. “Read my novel-based-on-fact, “The Acccurst Tower,” he replied.
But that novel tells us of a regulatory process that produced the masterful rebuilding of the Hindenburg dirigible. We float over Alpine peaks in parachute-like “paraponts” filled with sun-heated morning air, climb through crumbling battlements in the ancient Swiss village, Aigle, flee through dark, mountain forests. For thrills let us have more bureaucracies, the novel seems to say. Suddenly, man-made plans goes awry. Human desires and complexities defeat them, the novel suggests. The suggestion is not fair, proponents of the regulatory process would say. Rebuilding the Hindenburg dirigible is too fantastic for suggesting anything.
Granted, the rebuilt Hindenburg was a marvelous airship. People of world renown clamored to get on board. Its maiden liftoff at Churchill Downs right when the thoroughbreds came charging out of the chutes was awesome.
On second thought, maybe the flight should have succeeded after all. Anything deserves a second or third chance. Can we expand the bureaucracy that rebuilt the airship, provide more and better man-made regulations, and build another? CEOs of companies to-big-to-fail have faith in bureaucracies.