Hacker News new | ask | show | jobs
by ceejayoz 714 days ago
> it is only the moneyed and well-connected who can get the regulators to make rules that fit their needs

Wait until you hear about legislators.
1 comments
monero-xmr 714 days ago
At least the legislators are elected and answer directly to voters. You can dither about who donates but voters truly decide the outcome.

Bureaucrats are multiple layers removed, often serve for entire careers, and truly don’t give a shit because the only way they will get fired is if they assault someone. Nothing will happen to them so “keeping busy” is making ever more rules, whether they are needed or helpful (or not).

link
ceejayoz 714 days ago
> At least the legislators are elected and answer directly to voters.

With the corresponding downside of being eminently and legally bribeable. A hundred grand to your PAC goes a long way.

link