That is the most cynical and correct I've ever heard anyone be at the same time.
This resembles the way Republicans have lifted the restrictions of hazardous waste dumping...why is it illegal for me to dump my trash in your yard, but no big deal if a corporation dumps arsenic in your drinking water?Originally posted by schwarzchildradius
Clinton vetoed the 1994 bill from Newt's Congress designed to lift the legal requirements for corporations to make honest statements to their shareholders. He said he vetoed it because 'Our citizens should have legal recourse in our courts.' The veto was overrided by a 2/3 majority, and the result is the recent corporate debacles such as Enron.
Requiring companies to be honest with stockholders is not excessive regulation in any context that I can think of. It's almost like, the Democrats want to protect the public.
Nepotism -- it's Genetic