“[The] revolving door culture… that inevitably means, when push comes to shove, that corporate interests will have the upper hand in the close calls that determine public policy,” Moyers said. “It’s how the insiders fix the rules of the market no matter which party is in power.”
He added that even though President Barack Obama implemented a series of widely praised lobbying reforms, “those rules and regulations have loopholes big enough for Santa and his sleigh to drive through, reindeer included.”
This video is from “Moyers and Company,” published Friday, December 14, 2012.
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