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ajross • today at 4:44 PM • 3 replies • view on HN

> Democrats are primarily a corporate dominated party. They haven't really had any hard hitting legislation nor legal regulation/rulings on corporations in easily the last 30 years.

Sarbanes-Oxley? Dodd-Frank? ACA? Now I'm sure you (like, every other living human) has a ton of nitpicks and criticism of bills like that. But they're real and they passed and they're largely-to-wholely partisan creations of the Democratic policy apparatus (SOX looked very bipartisan and was passed under Bush, but the actual bill was written mostly by democratic staffers).

I mean, fine, you'd like different regulation. But they're responsible for basically all the corporate regulation active in the US regime.

Bothsidesism is a very poor tool for this particular argument. Work with your allies, please.


Replies

reliabilityguy • today at 4:53 PM

> ACA?

How’s ACA hard-hitting on corporations?

The 15/20 rules is what resulted in recorder profits in health insurance business, how’s this anti-corporate?

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bushido • today at 5:06 PM

Seeing Dodd-frank in the list is pretty hilarious, because it was put in place for the issues that arose from repealing Glass-Steagall by Clinton. Which arguably was one of the biggest causes of allowing the activities that lead to the Great financial crisis in 08.

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scottyah • today at 5:24 PM

Please point to the hard-hitting ones, almost all the big co's at the time thought they got off too easy and were expecting a lot worse. At the end of the day, Sarbox and Dodd-frank basically just required those businesses to increase headcount 10%.

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