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> ...the latter basically greases a company's relationship with regulators Its not just that. Its typical for lobbyist to go back into public service and influ
by game_the0ry 1y ago
> ...the latter basically greases a company's relationship with regulators
Its not just that. Its typical for lobbyist to go back into public service and influence policy on behalf of the companies they work for.
Think Dick Cheney + Halliburton and the Iraq War. Halliburton was guaranteed a great year, thanks to the former VP.
And business-friendly, anti-regulation regulators get regarded a but too handsomely at the expense of the US citizen that pays their salary. Example: Scott Gottlieb joining the board of directors at Pfizer after leading FDA. Don't forget that Pai worked for Verizon before joining FCC.
- aaronbaugher 1y agoYes, there's long been a revolving door between Big Pharma and the FDA, Monsanto and the USDA, etc. They revolve into government to set policy and reap graft and back into the corporate world to implement and profit from it. Glad people are starting to notice for some reason.