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Posted on 12/7/16 at 7:06 pm to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/7/16 at 7:06 pm to
"Business" cannot be grouped together.

We all suffer more from the actions businesses that advocate for regulation and accommodate regulation than we are we suffer from contract rigging. The damage we incur from the businesses that shape regulation gets very little attention because there are very few media members that understand it let alone that can explain it.

The company, for example, that gets to help the EPA to write regs that influence it's industry has an opportunity to create barriers of entry hindering competition.

With almost every piece of major regulatory legislation there are businesses that profit immensely. Think about the prescription drug bill under Bush--the drug companies made fortunes. They have made wild fortunes under ACA and there no bigger supporters of JBE's expansion of medicaid than large health care providers in Louisiana. The tobacco companies made FORTUNES after the laws outlawing tobacco advertising were passed---they got to keep the hundred of millions they were spending advertising. The FDA screws us every day by restricting competition. On and On.

This post was edited on 12/7/16 at 7:07 pm
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