would skew the political system. if our political institutions were perfect they would absolutely prevent the political domination of money in any part of our affairs. there are not a few public men who, though they would repel with indignation an offer of a bribe. in other words, terry roosevelt was worried about what we just saw today. even though we have something everyone agrees is bad policy. when it comes down to brass tax, we can t get rid of it. why can t we get rid of it? you re looking at it. teddy roosevelt s nightmare come true. joining us now, dan dicker, author of oil s endless bid. he is a trader with 25 years
breaking up these markets, he wasn t concerned about primarily the thing we talk about and obsess over now, the way those market concentrations affect consumer prices. no. what ted dy roosevelt worried about was the way that concentrated economic power would skew the political system. if our political institutions were perfect they would absolutely prevent the political domination of money in any part of our affairs. there are not a few public men who, though they would repel with indignation an offer of a bribe. in other words, terry roosevelt was worried about what we just saw today. even though we have something everyone agrees is bad policy. when it comes down to brass tax, we can t get rid of it. why can t we get rid of it? you re looking at it. teddy roosevelt s nightmare come
on page a-19 of the washington newspaper. the senate rejected attempts to end oil subsidies. president obama was for ending oil subsidies and so were democrats in the senate but the republicans filibustered and it died. that three bullet point explanation can basically be said about everything that has happened in washington since 2010 or more-or-less. if you just think about it for a second, in this particular case, if you don t accept it at face value and instead take this case and hold it up to the light 15 degrees to see it at a new angle, it is down right bizarre this happened. it is a true mystery at a time when deficit scare mongering rules the beltway and physical probity is the flavor of the month, when nobody likes the oil companies and the president has a majority in the senate and white house, they weren t able to pluck this low hanging fruit. it is a mystery, a washington caper. why does this particular piece of policy persist? a few possible reasons. maybe becau
the mill thing in the entire universe, the least surprising thing and will probably appear on page a-19 of the washington newspaper. the senate rejected attempts to end oil subsidies. president obama was for ending oil subsidies and so were democrats in the senate but the republicans filibustered and it died. that three bullet point explanation can basically be said about everything that has happened in washington since 2010 or more-or-less. if you just think about it for a second, in this particular case, if you don t accept it at face value and instead take this case and hold it up to the light 15 degrees to see it at a new angle, it is down right bizarre this happened. it is a true mystery at a time when deficit scare mongering rules the beltway and physical probity is the flavor of the mon month, when nobody likes the oil companies and the president has a majority in the senate and white house, they weren t able to pluck this low hanging fruit. it is a mystery, a washingt
was the most benign and run of the mill thing in the entire universe, the least surprising thing and will probably appear on page a-19 of the washington newspaper. the senate rejected attempts to end oil subsidies. president obama was for ending oil subsidies and so were democrats in the senate but the republicans filibustered and it died. that three bullet point explanation can basically be said about everything that has happened in washington since 2010 or more-or-less. if you just think about it for a second, in this particular case, if you don t accept it at face value and instead take this case and hold it up to the light 15 degrees to see it at a new angle, it is down right bizarre this happened. it is a true mystery at a time when deficit scare mongering rules the beltway and physical probity is the flavor of the month, when nobody likes the oil companies and the president has a majority in the senate and white house, they weren t able to pluck this low hanging fruit.