Regulatory Capture and Big Government Corruption

There are those, largely on the left, who believe government is benevolent and must be brought to bear to reign in the excesses of the free market. The trouble, just like absolute power big government corrupts everything it touches. Look no further than the cozy relationship between Wall Street mega-firms and DC. The financial services industry is probably the most highly regulated in the country. Regulatory capture has led to a symbiotic relationship where a handful of very large firms routinely commit fraud or violate laws making hundreds of millions in profit while unsuspecting clients get left holding the bag. If caught the perps usually negotiate a fine while the individuals involved skate from any criminal charges. Once in a while the regulators throw the book at some unpreferred firm, usually a smaller company or a foreign institution, but Goldman Sacks will never get punished. There is a two-way flow of people between Wall Street and DC. In the end the mega-firms and the corrupt DC Feds both get rich. Here is one such example with Citigroup and the Feds, where a courageous judge said “no” to the settlement negotiated by the parties, only to be overturned on appeal:

https://www.zerohedge.com/political/taibbi-meet-jed-rakoff-judge-who-exposed-rigged-game

The US government is probably the most corrupt institution in the country. Trump tried to change this and we see what it brought. Any big business that DC gets its tentacles into becomes corrupted. We are seeing this now sadly in healthcare, where government controls the purse strings to such an extent that hospitals are mindlessly following idiotic and dangerous government Covid protocols that are literally killing their clients….patients. This will stop when enough people make it stop. All of this is the very definition of crony capitalism, something leftists and Democrats purport to hate….they don’t.

If You Want A Preview Of Socialized Medicine, Covid Is Providing It

It has become painfully obvious by now that many hospitals and doctors are not treating Covid patients to the fullest extent possible. They are relying on failed “vaccines”, harmful antivirals like Remdesivir, and ventilators that are basically a death sentence. Meanwhile proven prophylactics and treatments like Hydroxychloroquine and Ivermectin and nutritionals such as zinc, vitamin D and C are being ignored, vilified and banned. Why is this when there are mountains of evidence from honest doctors in the US as well reams of data from foreign countries that these treatments often work? Well, it is because the leftists who currently control the federal government, the health policy establishment and media have for years wanted a full government takeover of medicine, but they have failed.

Unfortunately, Covid has given them a backdoor mechanism to control policy, and they are demanding their wicked, deadly agenda be followed. At the same time, the medical industry is terribly compromised by the piles of government dollars it receives, so it looks the other way as patients are mistreated and die. Otherwise, the gravy train of corrupt government money stops. What you see now is hospitals purposely denying potential life-saving care because it doesn’t fit the government protocol, alternative treatments are deemed as “unproven”, (oh the irony), and cases are determined to be too far gone to be worth saving. This sounds exactly like England’s failing social medicine industry. Fortunately, many people are fighting back, and in some cases saving loved ones while exposing the corruption in the system.

The bottom line here is that, just as in England, the government would rather people die than be proven wrong. Of course, if socialized medicine ever comes to pass in the US it will only be for “the little people”. Socialism is never for the socialist and our elite DC “betters” will continue have the best of everything. Somehow the government has forgotten that they work for us. If you have to seek Covid treatment in a hospital, by all means take a trusted, ethical doctor with you who is willing to break from protocol. If a hospital is forcing the government mandated treatment on you or a loved one, leave immediately.