Under cloak of the Republican revolution, big business is lobbying for a number of regulatory reforms which would serve no purpose other than to line the pockets of large corporations.
Among the most treacherous, pension watchdogs warn, is one which would enable large employers to siphon off retirement fund surpluses. Proceeds could then be spent on anything management pleases - from a chauffeured limousine for the boss to a corporate takeover of the competition.
It's been done before.