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Why Corporations fund groups like the Center for American Progress.
Posted by: Demcrats want kids to die ()
Date: December 19, 2013 08:41AM

The truth is that most regulation is written by and for incumbent businesses to erect barriers to entry and to buy advantages over their competitors...

Center for American Progress donor Citibank hired lobbyists to literally write 70 out of 85 lines of a bill regulating derivatives trading

There are 3 reasons corporations like Citibank write their own legislation.

First, lawmakers feel pressure from constituents to regulate industries about which their staffs know nothing...

Second, it’s much easier and faster for a company to understand and comply with a regulation it wrote.

Third, and most important, companies write regulation that is easier and cheaper to comply for them than for their competitors.

but hey, INCOMEINEQALITYTHERICHWANTYOUTODIE. Or racism...

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Re: Why Corporations fund groups like the Center for American Progress.
Posted by: Tray von Martin ()
Date: December 19, 2013 10:16AM

INCOMEINEQALITYTHERICHWANTYOUTODIE

Stick with that one. Oh, and Blame Bush as a fallback.

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Re: Why Corporations fund groups like the Center for American Progress.
Posted by: Blame BOOOOOSH ()
Date: December 19, 2013 01:32PM

I'm C4FBG2, and I approved this message.

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