Listen up, Tea Partiers and Occupiers. This kind of crony capitalism crap should honk off all of you:
Big Business usually loves it when the GOP goes to war over federal rules.
But not when it comes to light bulbs.
[. . .]
Big companies like General Electric, Philips and Osram Sylvania spent big bucks preparing for the standards, and the industry is fuming over the GOP bid to undercut them.
The writer of this story has no idea what he's talking about. Big business does not love it when the GOP or anybody else "goes to war onver federal rules." Big business merely wants federal rules it can manipulate to its advantage. You've heard the story about the push cart owner who grew to have a giant department store then pushed for laws banning push carts? Compare: "Manufacturers are worried that the rider will undermine companies' investments and 'allow potential bad actors to sell inefficient light bulbs in the United States without any fear of federal enforcement,' said Kyle Pitsor, the trade group's vice president of government relations." Those they call "potential bad actors" sound a lot like competitors who will undercut the big companies on price.
Comments
Yeah, that's why the automobile manufacturers do not support lawmakers who oppose higher CAFE standards.