Posted on 12/05/2022 9:09:51 AM PST by Kaiser8408a
George Stigler, the Nobel Laureate economist from University of Chicago, penned an excellent paper on regulatory capture. Regulatory capture occurs because groups or individuals with high-stakes interests in the outcome of policy or regulatory decisions can be expected to focus their resources and energies to gain the policy outcomes they prefer, while members of the public, each with only a tiny individual stake in the outcome, will ignore it altogether.
Which leads us to who were the biggest contributors to the midterm elections.
This list didn’t include the now infamous Sam Bankman-Fried and George Soros. big Deomcrat donors.
This is pure influence peddling that George Stigler was talking about. Donating to politicians to influence regulations, like SBF. Soros is more concerned with destroying America rather than influencing regulators, like Gary Genslar at the FDIC. That would be SBF’s intent.
SBF should be elected to Congress where he can serve with the other elite sociopaths.
On a side note, I was honored to have my office in the George Stigler Suite of offices at University of Chicago. Unfortunately, Professor Stigler pass away when I arrived (correlation, not causation). Those marble steps in Walker Hall were horrible in the winter and snow.
(Excerpt) Read more at confoundedinterest.net ...
Tech companies have probably been the biggest vote bribing cronies of the establishment for the last decade. They’ll lie cheat steal censor and banish conservatives to help their libtard slime brothers rip off the elections
big business and big govt go hand in han.
They give money to the dems and in return the dems give them favors worth much more money that that.
Rhetorical questions — not expecting anyone to unearth the answers:
How much did the same tech companies receive from the government? Did taxpayer subsidies (in money, research grants, payments for services/commodities/rents, use of giant data centers, etc.) fund the companies’ operations, allowing them to have plenty to kick back?
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