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To: kathsua
Yet another example exposing the fact that the largest corporations lobby FOR regulations, not against them. Once entrenched, large corporations view the free market with pure hatred - they crave fascism.

From pharmaceutical companies lobbying for more regulations (the classic example being Eli Lily lobbying successfully for the creation of the FDA and for the mandating and regulation of prescriptions), to Enron promoting "carbon economics" and climate alarmism, to some of the bigger banks cheerleading enhanced market regulations, anyone paying attention can see that a small number of the most powerful corporations continue to lobby for means of moving beyond creating wealth via the model of voluntary exchange, to instead a model different from mob-style extortion only in that the muscle is provided at taxpayer expense by the government.

Their interests are represented by both parties: faux progressives like Barney Frank and Chris Dodd among Democrats, and by the likes of "moderate" Republicans like Norm Coleman, Arlene Specter, Christine Todd Whitman, and others.

The telltale sign of a corporatist (anti-communism, but also anti-free-market) is being between cold and neutral to taxes (cold mostly to things like inheritance taxes and taxes on dividends, and wishy-washy otherwise) while being warm to (and/or cosponsoring) government regulations. The GOP has its share - many are also "neocons" ("pro-FDR, pro-Kennedy, pro-Johnson, pro-Wilson Republicans").
6 posted on 06/15/2009 2:05:19 PM PDT by M203M4 (A rainbow-excreting government-cheese-pie-eating unicorn in every pot.)
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To: M203M4

The next time some lib says some skeptical scientist is in the pocket of “big business”, tell them that most big business is on board for cap and trade because cap in trade will help them and hurt their smaller, less politically connected competition.


9 posted on 06/17/2009 7:16:55 AM PDT by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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