3-2-1 Post: He Who Makes The Rules

I learned several things from this article. Before I read this article I had no idea of how truly large a reform the Dodd-Frank Bill was. Perviously I believed it was a minor change that would only affect a few Wall Street investment banks. I also had no idea that lobbyists and lawyers could twist the wording of Congressional Acts in such an extreme way. I was shocked that the staffers who write the bills have to make sure their grammar cannot be twisted for legal purposes. The most important fact I learned was how even after Congress passes a Bill, and the President signs it, much work is still required to turn the Act into law. This reminds me of the Affordable Care Act where insurance and pharmaceutical companies played a pivotal role in drafting the bill. It is also reminds of Immigration Reform efforts in which large technology firms played a pivotal role in raising the quota for high skilled worker visas.
 My question is why haven't more media outlets reported about this issue? The answer is because the average citizen does not care about it and therefore it would not be profitable to report on it.


http://www.washingtonmonthly.com/magazine/march_april_2013/features/he_who_makes_the_rules043315.php?page=all
http://www.humanevents.com/wp-content/uploads/2013/12/Dodd-Frank2.jpg