| reply to fAcEtIOUs
Re: Industry hates regulation;will lobby hard against it Some of you may recall a popular anthem for the hip-hop world: C.R.E.A.M - Cash Rules Everything Around Me.
Well, in government cash is king.
Corporations spend money to lobby our elected officials to pass laws in their favor. They also make contributions to the campaigns of those sympathetic to their cause.
Our representatives seek these campaign contributions to get (re)elected (sympathy with the donor is based solely on the size of the donation) because he who has the most cash can usually buy the most exposure to potential voters.
And as for us in the voting public, well, much like our elected officials who don't bother researching an issue prior to voting, we often don't do our own research when we select whom to vote for at the polls (google "Alvin Greene"). Apathy rules, and whoever has name recognition (or the best campaign slogan, or party affiliation or looks the cutest/most honest/trustworthy) usually wins.
The sad part is the general public won't wake up and do anything about it until something really bad happens (a la BP. Lax regulators, literally in bed with those they are tasked with overseeing, and no public outrage until a disaster occurs). |
