"Is there something structural about the modern Republican Party that makes it unable to confront grifters? The Trump U. story was out there long before it became the big deal it is today."Rick Perlstein points out that there has always been a close association between the movement and the operations of snake-oil salesmen: If your fundamental premise is that the profit motive is always good and government is the root of all evil, how can you condemn anyone's business practices? Consider this: Even as the newspapers are filled with stories of defrauded students and stiffed contractors, Republicans in Congress are going all-out in efforts to repeal the so-called "fiduciary rule" for retirement advisers, a new rule requiring that they serve the interests of their clients, and not receive kickbacks for steering them into bad investments."
At www.nytimes.com
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