It's called "Regulatory Capture"
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Author | Content |
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Bob_Robertson Feb 01, 2013 5:30 PM EDT |
The railroad executives and lawyers staffed the Railroad Commission, later Interstate Commerce Commission. The military industrial complex staffs the pentagon and "defense" department. Goldman Sacks staffs the Treasury Department. It's called "Regulatory Capture", and it's been around for a very, very long time. "Who Captures Whom?" http://mises.org/daily/2320/ |
dinotrac Feb 01, 2013 6:13 PM EDT |
Explains the recent action to eliminate the DMCA "exception" for unlocking phones. B*st*rds. |
BernardSwiss Feb 01, 2013 11:39 PM EDT |
Thank-you, Bob. Your subject-line says it all, in just four or five words. |
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