Chamber of Commerce
Cry Wolf Quotes
Because of our guilt—and because of the media’s espousement (sic) of the movement—laws were passed which asked industry and the American consumer for the impossible. The members [of Congress] admitted they did not know what could actually be done to clean up our environment, how long it would take or how much it would cost. But they went ahead anyway in the spirit of political expediency to ramrod through measures that would affect millions of people and billions of dollars…
Obviously, the Clean Air Act needs to be changed. The construction ban has no place in this country. It is an inherently unfair punishment of communities and does not clean the air.
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.
[The right-to-know bill would be] a serious case of overkill….[and] would make it very difficult to maintain a business in the city of Philadelphia.
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.