Regulatory Abuse Quotes

When businesses affirmatively like regulations, that's when to reach for your wallet.

Say no to politicians who sacrifice the interests of individual investors to corporate interests.

Secondly, as a result of this political favoritism, the FDA has become a primary factor in that formula whereby cartel-oriented companies in the food and drug industry are able to use the police powers of government to harass or destroy their free-market competitors.

We've all heard about Wall Street greed. I think people are now starting to be a little bit more sensitized to Washington greed - the greed for power and control over our lives and our economy.

Regulators are wined and dined by the people they regulate.

The Justice Department needs to investigate how Goldman Sachs was able to steer things in such a manner through their former employees in the Bush administration, so that in the end Goldman's competitors have disappeared and Goldman is left standing.

I know that it would not shock you to discover that this isn’t the first time that Congress and the regulatory agencies did not act in the public interest.

When one gets in bed with government, one must expect the diseases it spreads.

Agribusiness - with its wicked powerful lobby and its infiltration of top bureaucratic posts - essentially runs roughshod over the government agencies that are supposed to monitor it. It's the rich fox guarding the filthy, overcrowded henhouse.

There's been so much corruption and so much cronyism in the taxi industry and so much regulatory capture, that if you ask for permission upfront for something that's already legal, you'll never get it.

The Countrywide scandal is a lesson for anyone who tries to downplay the significance of crony capitalism, which moves far beyond perks and favors for politicians. These corrupt arrangements influence policies that impact all Americans, and never for the better.

In Washington, they do take money—I know it’s open, though it’s hard to identify—they take money from the same people they regulate. Now, in New York City, you would never get away with that …

In 1985 five Senators had received contributions from Lincoln Savings and Loan, and had interceded on the bank's behalf with federal regulators. The same request was made of the governor who refused. You don't intervene in the regulatory process. It's law enforcement. It's like a parent ... calling the police chief to say, "Don't touch my kid." It's wrong. [The Senators' efforts delayed the closure of the bank, costing the taxpayers billions of dollars.

Washington agencies are now trying a backdoor approach to regulate our climate by abusing existing laws.

My job is to enforce the laws as passed by whom? Congress. They give me my authority. That's the jurisdictional responsibilities that I have, and when litigation is used to regulate... that's abusive. That's wrong.

The Federal Trade Commission is supposed to enforce U.S. anti-trust law. Instead, the federal agency routinely violates U.S. anti-trust law by permitting monopoly concentrations of business interests.