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Didn't the decision from the representatives of the taxpayers come in partly from both regulatory capture and sheer extortion?
by berntb 17y ago
Didn't the decision from the representatives of the taxpayers come in partly from both regulatory capture and sheer extortion?
- anamax 17y agoRegulatory capture is a consequence of regulation. Folks who demand regulation are in little position to complain about regulatory capture. As to extortion, the "everything is failing" stuff came from regulators who are still in place. By contrast, the admiral and general in charge of Pearl Harbor on Dec 6, 1941 were replaced almost immediately....