this is true for literally every supposed financial watchdog in the US
this post was submitted on 25 May 2026
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This is bad, regulatory capture before the regulations even get started is a new low for our corporatocracy.
The tech sector led that crusade. Octogenarian politicians were allowed to legislate something they knew a profound amount of nothing about
And these are massive "crypto" platforms too, so forget any crypto-anarchist utopian ideas like assassination markets or climate insurance. They'll let you and insider traitors bet on who the USA attacks next. Whenever someone suggests we simply regulate the very central corporate bookie, the chuds will say you don't understand decentralization.
insider traitors
😆
Dumbest nation on the planet did something dumb again.
Self-critique is good, but as someone living in Russia I take issue with this claim.
Who would have thought fifty years of bowing to corporations and making them.more powerful than god would have this outcome?
The media keeps talking about this as if they're shocked and surprised and not as though these goals weren't all outlined before they were even elected.
If they had an ounce of decency, they would start out by saying that this is a clear pattern from the administration that goes beyond even basic regulatory capture and is genuinely kleptocracy.
The USA is the old house in a bad neighborhood the billionaires don't want to waste money fixing up. They're stripping the wiring and antique fixtures and then leaving it to rot.
At this point they're even taking the nails while they're still in the house though. They're not smart people, just sociopathic ones.
As intended
Revolving door go brrrrrrrrr