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"what do we have regulators for, if they are so easily captured, and have no moral hazard?"

Ah, that would be because when they cannot be so easily captured, a fake scandal is created in order to get rid of them.
After which of course, capture becomes a pre-condition for nomination.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Mon Feb 7th, 2011 at 02:34:04 AM EST
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