[nathanbedford]

Warren Buffett was well aware of the value of barriers to entry to the viability of a business enterprise. Round donation time leftists, Clintons then Obama now, go to the big players in a given industry, in this case Internet providers but once upon a time healthcare insurers, and tell them it will regulate their potential competitors out of business.

The campaign contributions roll in, the bureaucrats wax, politicians get reelected, big players get fatter, the consumers get screwed and the electorate gets ignored. It is a win-win for those who are in.

[Travis McGee]

It’s a great scam, until it doesn’t work at all.

And the food trucks stop moving. Game over.