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re: Wells Fargo, TD Bank have already given Trump-related financial documents to Congress

Posted on 5/22/19 at 7:56 pm to
Posted by BobABooey
Parts Unknown
Member since Oct 2004
14332 posts
Posted on 5/22/19 at 7:56 pm to
Established companies in regulated industries like banking, utilities, telecomm, are not interested in a free market. The last thing they want is competition. They’d rather have a Democrat-controlled government in power because the Dems are open to imposing regulations and these corporations know that they can pay lobbyists to get favorable regulations passed.

Restricting competition via regulations is a lot easier than competing in a free market for these companies.
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