SEC confirms most SOX compliance measures were developed by retards

Today I googled "SOX compliance unnecessary" and was instantly rewarded by news that the SEC and Congress both agree with me. For articles on this try here, here, and
here.

Christopher Cox, SEC chair, says it best when he says "Congress never intended that the 404 process should become inflexible, burdensome and wasteful." He also says it should not result in "creating unnecessary compliance burdens or wasting shareholder resources." Instead, SOX compliance can now be risk-based, as in, based on the probability that a certain process would have an impact on financial reporting. This is otherwise known as common sense. On May 23 2007, the Securities and Exchange Commission approved rule changes for SOX compliance.

Now, what are the chances that companies that use SOX compliance as an excuse for every stupid thing under the sun will admit that their ludicrous processes are now unnecessary, if indeed their ever was a true need for them.