From the Daily Bell. http://www.thedailybell.com/1338/DC-...e-Bust-Up.html
Excerpt:
"The American exception has traveled from a republican democracy to a back-room exercise in influence peddling. It has gone from a fairly transparent system to one that lacks even the most elemental checks-and-balances at a fundamental level. No one will ever understand the horse-trading that goes on or loopholes that have been created via these behind-the-scenes regulatory exercises. This hardly can be called legislating anymore. It is a form of pocketbook law."
Excerpt:
"The American exception has traveled from a republican democracy to a back-room exercise in influence peddling. It has gone from a fairly transparent system to one that lacks even the most elemental checks-and-balances at a fundamental level. No one will ever understand the horse-trading that goes on or loopholes that have been created via these behind-the-scenes regulatory exercises. This hardly can be called legislating anymore. It is a form of pocketbook law."
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