“Democracy is an impedance to capitalism so they need as little regulation as possible.”

Silicon Valley lobbies more than Wall Street

#Politics

Mon, Sep 4th, 2017 11:00 by capnasty NEWS

Forget the banks. According to The Guardian, Silicon Valley dominates lobbying in the U.S. government pushing for less competition, less taxes, and making sure that their monopolies and access to users' data is protected.

“There is a public relations effort to make people think of technology very differently than they do Wall Street,” said Jeff Hauser, executive director of the Revolving Door Project. “That’s how they maintain the illusion that they are cutting-edge nerds who are toiling for the good of humanity.”

The reality is these companies are run by some of the most hard-nosed business people in America.

“Ask the people at Snapchat about the Kumbaya stuff at Facebook,” said Taplin, referring to the relentless cloning and copycatting of the smaller competitor’s features to the point where it is now financially struggling. “When they want to kill somebody, they kill them.”

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