Special interest groups
Cry Wolf Quotes
You can’t really blame the U.S. Chamber of Commerce, for instance, for opposing the bill, chivalrous at heart as its members may be. For in addition to the possibility of added costs, there’s this problem: It’s a rare woman, we gather, who doesn’t think she is discriminated against on payday.
In 1989, sympathetic members of Congress got the Home Mortgage Disclosure Act amended to force banks to collect racial data on mortgage applicants; this allowed various studies to be ginned up that seemed to validate the original accusation… bank regulators required the loosened underwriting standards, with approval by politicians and the chattering class. A 1995 strengthening of the Community Reinvestment Act required banks to find ways to provide mortgages to their poorer communities. It also let community activists intervene at yearly bank reviews, shaking the banks down for large pots of money.
Proposition F Sticks it to Neighborhood Businesses….Like kids in a candy store, our Supervisors never tire of gobbling up every bad idea that some special interest group dangles before them, particularly when it means hurting productive people who pay taxes.
[RGGI money] was taken by regulators from consumers in the form of higher electricity bills and then redistributed to environmental special interests friendly to the politicians in power.
