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[L]egislatures have rewritten basic business laws, some whose principles date back thousands of years. Too often the goal has been to thwart competit… - David Cay Johnston
" "[L]egislatures have rewritten basic business laws, some whose principles date back thousands of years. Too often the goal has been to thwart competition, artificially inflate prices, hold down wages by decimating unions, reduce worker benefits and... restrict or bar access to the courts by those aggrieved.
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About David Cay Johnston
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
Also Known As
Birth Name:
David Cay Boyle Johnston
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DC Report
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Additional quotes by David Cay Johnston
The rich and their lobbyists have taken firm control of the levers of power in Washington and state capitals while remaking the rules in their own interest. They have also imbued private organizations with the power to make rules that few outside the process understand. These same people... [are] the primary source of campaign donations that put politicians in office and keep them there.
Steve Bannon put it best. Steve Bannon said "I'm a Lennonist" that is, I'm someone who wants to destroy the existing order. Many of these people, although they... wouldn't put in these terms, hate the United States of America. ...They hate the fact that there are people of color... that there are people of a different religion in this country, that there are people who are not interested in worshiping the rich and trying to get rich, and certainly don't want to be taxed to subsidize the rich.
Usury laws that protected consumers against rapacious lenders existed until 1978. Now they are gone because of a Supreme Court decision. ...[O]ur government has set forth onerous new rules that reward those who prey on the poor. ...These lenders, or their fronts, can now charge rates and impose penalties that were illegal, even criminal, a generation ago.
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