Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

dougolat

dougolat's Journal
dougolat's Journal
May 14, 2012

EXACTLY !!

We need a new word for government subservience to corporations, "fascist" applies to a partnership in which the government dominates, but our current gov. is led around by the nose and wallet. Regulation gets de-fanged, under-funded and subverted.
One problem is that the financial wizards concoct schemes several steps ahead of the law, which is always trying to deal with the after-effects.
One of the worst Supreme Court decisions was their interpretation of "honest services" as not applying to intent or results, but allowing "new" ways of cheating because the rules were lagging behind creative dishonesty.

Profile Information

Member since: Sat Aug 25, 2007, 07:27 PM
Number of posts: 716
Latest Discussions»dougolat's Journal