This is a news story about how Comcast bought the Democratic party (note, I believe Comcast will buy into whatever party is in power, currently it's Democrats, this isn't intended to bash any party, but to indicate the potential problem of political corruption by regulated entities).
According to this news story - http://www.nationalreview.com/article/375116/how-comcast-bought-democratic-party-matthew-continetti Comcast has been investing heavily into the Democratic party, and hopes to get results. Personally I dislike this sort of collusion between those who are regulated and regulators, political investment seems to be more than just money, according to the story Comcast's CEO is an Obama golf buddy, and Comcast has over 100 lobbyists on duty in Washington at any time.
With this kind of ability to invest into regulators, can any company be well regulated?
From the link above - Comcast, which employs more than 100 lobbyists, spent almost $19 million last year on lobbying activities. Its president and CEO, Brian L. Roberts, is a golf buddy of President Obamas, and a Democratic donor who has contributed thousands of dollars not only to the presidents campaigns, but also to the Democratic party of Pennsylvania, the Democratic Senatorial Campaign Committee, the DNC Services Corporation, and to Steny Hoyer, Kirsten Gillibrand, and Bob Casey. Robertss executive vice president, David Cohen, is a former aide to Democratic bigwig Ed Rendell. Cohen skirts lobbying regulations through loopholes, has raised more than $2 million for Obama since 2007, and in 2011 hosted a DNC fundraiser at which the president called him friend. Cohen has visited the White House 14 times since 2010, including two visits to the Oval Office. He attended the recent dinner for President Hollande of France.
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Congress could mess up a one piece jigsaw puzzle.
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