I can understand your cynicism, and I think it is warranted. However, I see no way of fixing the problem. More laws? More gov't intervention when it is the law writers which are the problem? We'll never be able to elect enough people who are willing to reduce their own power.
Power corrupts. And I'd like to think that all of us here, were we the people in power, would be less corrupt. I'm not sure that is possible.