Re:Why America will soon see a wave of bank mergers
by RestlessMind on Tuesday May 02, 2023 @11:57AM
(#35789567)
> But who is creating the regulation?
You know who writes our laws? Lobbyists. Politicians are not the ones drafting the bill. They merely take the drafts produced by lobbyists and then pass them.
Do you also know who runs various government agencies tasked with regulating different sectors? Again, it is a revolving door for private sector execs.
> It is literally the state
True, but the state is, to a large extent, influenced by corporations.
You know who writes our laws? Lobbyists. Politicians are not the ones drafting the bill. They merely take the drafts produced by lobbyists and then pass them.
Do you also know who runs various government agencies tasked with regulating different sectors? Again, it is a revolving door for private sector execs.
> It is literally the state
True, but the state is, to a large extent, influenced by corporations.