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Regulatory Capture thread


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2021 Sep 1, 10:50pm   1,510 views  42 comments

by Patrick   ➕follow (55)   💰tip   ignore  

https://en.wikipedia.org/wiki/Regulatory_capture


In politics, regulatory capture (also client politics) is a corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political interests of a minor constituency, such as a particular geographic area, industry, profession, or ideological group.[1][2]

When regulatory capture occurs, a special interest is prioritized over the general interests of the public, leading to a net loss for society. The theory of client politics is related to that of rent-seeking and political failure; client politics "occurs when most or all of the benefits of a program go to some single, reasonably small interest (e.g., industry, profession, or locality) but most or all of the costs will be borne by a large number of people (for example, all taxpayers)".[3]


https://nitter.database.red/RWMaloneMD/status/1433245254547816448#m

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33   Patrick   2022 May 28, 10:50am  

Patrick says
States must remember that Federal funding is not the be all, end all. If a state can develop the political will to refuse such funds, sovereignty can be re-established. This requires that plans can be made to mitigate the impact of such an action. These Tax kickbacks are often weaponized in an arbitrary and capricious way by the Federal Executive branch to illegally control state policies, including public health policies. State leaders who are willing to walk away from federal funding, who are willing to work with other states and congress to negotiate better terms for federal dollars, may offer the best hope for breaking this Federal overreach.


Good illustration of Federal funding being used to undermine state autonomy:

https://www.rebelnews.com/biden_usda_schools_embrace_transgender_deprived_of_food_funds

The Biden administration announced in May that K-12 schools must allow boys into girls' bathrooms in order to qualify for federal funds used to pay for school lunches.
34   Patrick   2022 Jun 8, 10:49am  

https://tennesseestar.com/2022/06/01/whisteblowers-lawyer-pfizer-got-away-with-vaccine-fraud-because-government-was-co-conspirator/

Whisteblower’s Lawyer: Pfizer Got Away with Vaccine Fraud Because Government Was Co-Conspirator
35   Patrick   2022 Jun 8, 10:52am  

https://www.nbcnews.com/news/us-news/covid-vaccine-doses-wasted-rcna31399


The U.S. has wasted over 82 million Covid vaccine doses
Vaccine providers say declining demand, large minimum orders and multidose vials make it hard to avoid waste while still offering shots to anyone who wants them.


Not wasted from the point of view of Pfizer and the corrupt government officials they own. They still PROFIT! from the waste, at public expense.
36   Patrick   2022 Jun 28, 10:38am  

https://gettr.com/post/p1g0zx6085c


Dr. Clare Craig: There Is No Science or Benign Explanation for Approving These Jabs for Babies

"If a child under five catches COVID, then the chance of a death with COVID is 1 in 250,000 at its worst ... And because it's not a risk, when they were doing the trial, they couldn't measure it. You shouldn't be doing a trial where you can't measure the benefit."

"There is no interpretation of this evidence that is benign. It's just ridiculously clear that this has gone wrong. The system has gone wrong; the regulator is not working."


Has video.
37   Patrick   2022 Jun 28, 4:53pm  

https://childrenshealthdefense.org/defender/fda-pfizer-moderna-skip-trials-covid-vaccines/


The U.S. Food and Drug Administration’s vaccine advisory committee will vote June 28 on something called the “Future Framework,” a scheme that would allow Pfizer and Moderna to “reformulate” COVID-19 mRNA vaccines in perpetuity, without conducting clinical trials on the new vaccines.


The FDA is so completely in the pocket of Pfizer that Pfizer can now release anything no matter how many people it kills.
38   Patrick   2022 Jul 25, 8:59pm  

https://tobyrogers.substack.com/p/what-comes-after-the-collapse-of


Progressivism was a reaction by the middle and upper classes against the failures of both liberalism and Marxism while attempting to retain the best aspects of both — seeking to preserve individual liberties while using the state to impose limits on corporate power. Progressive muckraker Upton Sinclair described the disgusting practices of meat packing plants in The Jungle and this led to the Federal Meat Inspection Act of 1906. Support for anti-trust action to break up large monopolies was another hallmark of progressivism.

And now the progressive regulatory state has failed because it was captured by the industries it was supposed to supervise. As the most glaring example, the FDA, CDC, and NIH all work directly for Pfizer, Moderna, Merck, GSK, and Sanofi.

Making matters significantly more complicated, the billionaires have taken over the political system and weaponized progressive values (equality, environmental protection) and institutions (U.N., W.H.O.) in the attempt to enslave the developed world. So we have an unholy alliance of the technocrats (the top 10% of well-educated people) + the predatory billionaires, using weaponized PR and elaborate psyops to force their twisted ideas upon us by any means necessary.
40   stereotomy   2022 Jul 26, 11:58am  

Patrick says

https://thepricklypear.org/rethinking-regulatory-capture/

I'm currently reading (on and off - I still have to work) "The Prize" by Daniel Yergin. It's very similar to the article. In the case of unfettered competition, companies operating in a given industry face a race to the bottom and financial ruin. They then enlist government regulation to maintain a certain level of profit while simultaneously erecting insurmountable barriers to new competition.

Hell, just look at what's happing with the pharma companies and the FDA. The regulatory agencies exist to enhance the profitability of these corporations.

Where the article goes wrong is neglecting the latter part of the process whereby regulation goes beyond insuring minimum profits and instead actively increases profit and control by the established corporations. Just look at the example of the East India company in england. They bought all the MP's with shares, then had the english government provide military support when "governing" India became too expensive.
41   HeadSet   2022 Jul 26, 12:04pm  

stereotomy says

They bought all the MP's with shares, then had the english government provide military support when "governing" India became too expensive.

Yes. and like the New World colonies, that entitled the risk of being taken over by "The Crown."

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