I think the most glaring example is in the area of financial regulators. The U.S. federal government has the SEC, OTS, CFTC, FDIC, OCC and a financial crimes unit of the FBI.
Yet they FAILED to prevent the 2007 financial crisis and have FAILED to investigate and prosecute any of the big financial institutions for criminal activity? That undoubtedly demonstrates complicity or incompetence, but AFAIK, nobody in these agencies has been fired or reprimanded for their negligence/complicity.
Rather than investigating WTF is wrong with all of these agencies and ferreting out the corrupt and incompetent, government's solution is to create a NEW regulatory agency. Add the CFPB to the above list!
Yes, the Americans who believe big government serves to protect us little people from the big bad corporations are either stupid or extremely misguided. All the new laws and regulations are meaningless when the regulatory agencies refuse to enforce them. Why spend billions of dollars paying these people to NOT do their jobs? If we fired them all, we'd get the same outcome for lower cost.