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Our state senator, Ted Gaines, who sold insurance for a living before getting elected to the state assembly (and now the state senate), sits on the state senate insurance committee.
The chairman of that committee, Ron Calderon, is apparently very corrupt, based on last week’s FBI raids. Calderon’s family of lawmaker/lawyer/lobbyists is allegedly getting paid to sponsor laws that enrich the insurance/worker’s compensation and hospital industries. Fancy that.
Thank you, not, Sen. Gaines, for stepping up and exposing the corruption within the institution and committee to which you belong. I could forgive you if you, as an insurance company owner, immediately resigned from the senate insurance committee.
Here’s my solution: No more revolving door. No more crossing the line between private sector, government regulator, or lobbyist in any business sector. The regulatory capture, cronyism and corruption that we are drowning in today is the result of longtime insiders who pretend to regulate the industries they themselves have profited from. See Ted Gaines.