When the Regulatory Cat’s Away

found online by Raymond

 
From Jack Jodell at The Saturday Afternoon Post:

“Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.”

– Lord Acton –

Libertarians, Tea Party-infested reactionary Republicans, and even some “Third Wave” corporatist Democrats have long opposed government regulations and have successfully rolled many of them back. That is most unfortunate, because many of these types have done things which need to be overseen or outright regulated for the public good. Proof of this lies in the recent release of a record number of incriminating documents known as The Panama Papers.

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