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<blockquote data-quote="rickyb" data-source="post: 4012860" data-attributes="member: 56035"><p><a href="https://www.theguardian.com/commentisfree/2019/mar/30/corporations-endanger-american-facebook-boeing-monsanto-trump?CMP=share_btn_tw" target="_blank">Corporations are endangering Americans. Trump doesn't care | Robert Reich</a></p><p></p><p>These are just tips of a vast iceberg of regulatory neglect, frozen into place by Trump’s appointees, of which at least 187 were lobbyists before they joined the administration.</p><p></p><p>This is trickle-down economics of a different sort than Trump’s corporate tax cuts. The major beneficiaries of this are the same big corporations, including their top executives and major investors. But these burdens are trickling down as unsafe products, fraudulent services, loss of privacy, even loss of life.</p><p></p><p>Big money has had an inhibiting effect on regulators in several previous administrations. What’s unique under Trump is the blatancy of it all, and the shameless willingness of Trump appointees to turn a blind eye to corporate wrongdoing.</p><p></p><p>Trump and his Republican enablers in Congress yell “socialism!” at proposals for better balancing private greed with the common good. Yet unless a better balance is achieved, capitalism as we know it is in deep trouble.</p></blockquote><p></p>
[QUOTE="rickyb, post: 4012860, member: 56035"] [URL="https://www.theguardian.com/commentisfree/2019/mar/30/corporations-endanger-american-facebook-boeing-monsanto-trump?CMP=share_btn_tw"]Corporations are endangering Americans. Trump doesn't care | Robert Reich[/URL] These are just tips of a vast iceberg of regulatory neglect, frozen into place by Trump’s appointees, of which at least 187 were lobbyists before they joined the administration. This is trickle-down economics of a different sort than Trump’s corporate tax cuts. The major beneficiaries of this are the same big corporations, including their top executives and major investors. But these burdens are trickling down as unsafe products, fraudulent services, loss of privacy, even loss of life. Big money has had an inhibiting effect on regulators in several previous administrations. What’s unique under Trump is the blatancy of it all, and the shameless willingness of Trump appointees to turn a blind eye to corporate wrongdoing. Trump and his Republican enablers in Congress yell “socialism!” at proposals for better balancing private greed with the common good. Yet unless a better balance is achieved, capitalism as we know it is in deep trouble. [/QUOTE]
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