News item: Banking lobbyists help Congress write new legislation to improve bank regulation. The New York Times reports that many parts of the proposed law are taken verbatim from lobbyist documents.
The explanation, of course, is that the industry representatives are "just helping," since they know more about the intricacies of the financial industry than the average politician. That's probably true. It's also true that clowns know more about the circus industry than the average politician. But we don't elect clowns to run the government.
Or do we?
Meanwhile, the fox is guarding the henhouse, so us chickens need not fear getting plucked.
No comments:
Post a Comment