It seems that the government interventions promoted by liberals assure a competitive advantage for government favored groups. Many regulations, subsidies and laws have the affect of creating a culture of corruption, which is the very thing they were intended to prevent. These policies protect established firms from competition while preventing smaller challedgers from succeeding.
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To me, conservative is a far cry to what the GOP has become and in my opinion liberal describes the vast majority of democrats. But true conservatives don't support state capitalism whereas the liberals seem to.
What do you make of Obamacare? Why did large and established insurance and pharmaceutical companies favor Obamacare, when the smaller companies did not?
Large ins cos $ pharmas gave billions 2 the GOP 2 fight it. It was thought odd that they resisted as it actually helped them with more customers.they objected to limits on their ability to control rates
It’s true that corporations hedge their bets by contributing to both parties but major Insurance and pharmaceutical companies contributed 2-3 more to Obama than to McCain in 2008.
i have no doubt about that. they were trying to buy his loyalty, but it did not work. His obamacare passed anyway.
To the contrary, the big corporations wanted Obamacare because it shielded them from competition and assured a steady flow of government business.
This is not about finger pointing or assigning blame. Those old biased attitudes do nothing but encourage civil unrest. It is time for us to unite, not further the divide. There is blame enough to go around for everyone so nix the attitude.
General Electric is a good example of a company that liberals favored at the expense of smaller competitors. Much of the New Deal legislation in the 30’s was actually drawn up by executives from GE.
? all legislation is drafted by corporate america via ALEC
If that were true, why did wall street favor obama 2 to 1 in the 2008 election?
they all thought he was a push over but soon found out they were mistaken.
To the contrary, big wall street firms wanted Obama because he provided billions in bailouts and supported regulations to assure their advantage over smaller competitors.