This is a great example of the point I've made many times in the past, that regulation is inherently corrupting. The people who know enough about an industry to regulate it are the ones who go back and forth between government and industry. An arrangement that no doubt benefits industry.
are you saying that we shouldn't have any regulation because it's inherently corrupt? I don't buy that because regulation isn't inherently corrupt,
people are and are motivated by greed, this is why pure capitalism, as well as pure socialism will never work. The sooner we admit that, the sooner we can move away from these ideological fantasies and start to fix what is broken with a combination of ideas..
there are good people behind good regulation.. your approach seems to be on the side of throwing the baby out with the bath. When instead, we should just throw out the person or people who are caught doing these kinds of deals.. instead of letting them hide behind this or that party's petticoat ..
