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Led by muppet look-alike former Senator Phil Gramm, his right-wing brethren on Capitol Hill, and former Clinton Treasury Secretary Bob Rubin and his band of merry Rubinites (the same economic team advising President Barack Obama), this legislation, perhaps more than any other, created a Celebrity Poker atmosphere on Wall Street. The Securities and Exchange Commission, as a result, pretty much became a stop in the revolving door for Wall Streeters left to self-govern.
Make no mistake - this happened because Ohio is one of a handful of states that does not regulate the sale and ownership of exotic animals, and it has been purposefully made that way. Tea Party-sympathiser-cum-Governor John Kasich, upon his election to that office, began his assault on government by letting an executive order expire that had provided actual restrictions concerning who could own and sell these animals in the Buckeye State.
To Kasich, this kind of crazy Hobbesianism would "hurt small business", which presumably includes the particular lunatic who had done jail time for illegal possession of firearms and was cited multiple times for animal abuse - but still had his Animal Farm up and running in Ohio - until he granted his boarders amnesty. Because of the anti-regulation zealots who have taken control of our political culture and institutions, this was the profile of someone still fit to continue to lord over a coterie of dangerous and endangered species, in his own little Jurassic Park.