Tuesday, January 8, 2013

The Ways of Washington--Government Bureaucrats, Lawyers, Lobbyists, $$$

Views under the Palm - johnmpoole.com: Google Has Learned The Ways of Washington--Government Bureaucrats, Lawyers, Lobbyists, $$: "Washington DC produces nothing but deficits, legislation, regulations, and bureaucracy. But that vast ecosystem, which sucks money from the rest of the nation, is now the wealthiest metropolitan area in the USA--recession?--not in Washington where government continues to spend, and lobbyists and lawyers get fat and rich, while the rest of the nation has suffered through the worst recession since the Great Depression. Also, Washington has taught everyone else a lesson--if you get too big and successful (like Google) then "we will bring you down"--if nothing else you will have to spend years explaining your business processes and industry practices to bureaucratic morons at agencies like the FTC which open investigations on meritless claims ("FTC never had compelling evidence against Google, and its lengthy and expensive investigation came up essentially dry"); the FTC even hired expensive, outside Washington counsel . . . Google knew it would have to pay the "tax" levied by the FTC and other inquiring agencies of the US government--the "tax" being the cost to hire lobbyists and lawyers (as well as the opportunity cost of diverting corporate resources to deal with and counter the FTC "investigation")--some might even call the FTC investigation a government-sponsored "shakedown"--after all, we all know the revolving door between government and law firms and lobbying firms in Washington D.C. . . . And the sad thing is, the staff and Commission of the FTC probably think they are operating in the public interest--really! What a waste of resources. Another sign of America in decline. There once were concepts of public service and stewardship of public resources (including taxpayer funds) in Washington. No more. Today, in Washington, it's just about feeding the Hogs at the Trough."

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