Thursday, July 21, 2011

Daddy, where do laws come from?

Bloomberg: Koch, Exxon Mobil Among Corporations Helping Write State Laws
Koch Industries Inc. and Exxon Mobil Corp. (XOM) are among companies that would benefit from almost identical energy legislation introduced in state capitals from Oregon to New Mexico to New Hampshire -- and that’s by design.

The energy companies helped write the legislation at a meeting organized by a group they finance, the American Legislative Exchange Council, a Washington-based policy institute known as ALEC.
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