As we continue to get regulated to death, here is a quote from Paul Moreno, Dean of Faculty at Hillsdale College:
"One of the things you see with federal regulation over the years is the tendency for the industries that are supposed to be regulated end up capturing the regulating agencies and molding them to their own purposes.
"And they often find out it is a very convenient way -- to have federal regulation help them eliminate competition from small competitors."
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