Chamber of Commerce
Cry Wolf Quotes
To many groups, the [Consumer Product Safety] Commission’s actions, to date, appear to project an anti-business bias. The Commission too frequently seems to forget that government does not have a monopoly on concern for product safety.
I submit, however, that no man who himself has any practical acquaintance with business processes and methods who is not utterly blinded by partisan political considerations can examine the Securities Act, the Stock Exchange Act, the successive revenue acts in recent years, the Social Security Act, the Public Utilities Act, the Tennessee Valley Authority Act and many of the arbitrary regulations devised under a dozen other recent acts and arrive at any verdict other than they cripple and retard business rather than help revive it. The fact is even so clear that it is hard to keep from wondering if such a result were not actually intended.
Employers do not deliberately allow work conditions to exist which cause injury or illness. Safety is good business… The goal is to have meaningless standards eliminated and achieve a law which recognizes business efforts to provide safe work places and provides fair treatment for all.
The Sarbanes bill will hand American corporations back to the trial lawyers for summary execution.
Backgrounders & Briefs
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.