More proof that government does things better! In traditional “astroturfing,” a company would pay a PR firm to set up a fake grassroots organization aimed at promoting or fending off legislation that would affect the company.  Her Majesty’s Government in the UK, however, has decided to take this a step further and fund groups that lobby it, thereby creating a groundswell of public opinion in favor of its legislation.  According to a new report by the Taxpayers Alliance, it is doing…

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British Prime Minister Gordon Brown has been talking with President Obama this morning, and high on the agenda was the PM’s call for international banking regulation. The interesting thing is that both Obama and Brown have blamed lack of regulation for the banking crisis, when there is clear evidence on both sides of the Atlantic that it was bad and inept regulation that drove the crisis. For an example from the US, here’s John Carney on how bad regulations helped…

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