Posts tagged as:

Government Regulation

Incandescent Bulbs Still an Endangered Species

July 13, 2011

The House voted yesterday 233-193 to overturn a 2007 regulation designed to essentially phase-out incandescent light bulbs in favor of the new toxic ones.  Unfortunately, while a majority, they apparently needed two-thirds to get rid of the latest statist intrusion into our living rooms. This issue has become symbolic of the philosophical divide in DC:  [...]

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Regulation is Bad for America

January 18, 2011

The regulatory nightmare that has become our federal bureaucracy is bad for America.  It is bad for American businesses, the American people, and for our economic recovery prospects.  Powerline has two examples of how regulation is ruining American economic interests. First, today Goldman Sachs is opening up private investment opportunities for Facebook.  However, they are [...]

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Glass-Steagall: A Red Herring for the Financial Crisis

January 21, 2010

The causes of the Great Recession of 2008-2010 (and possibly beyond) have been debated and explored in many publications, including on these pages.  One of the arguments that I see frequently, even among Conservatives, is that the banking industry collapse was a direct result of the repeal of Glass-Steagall in 1999 by the Republican Congress [...]

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Government Caused this Crisis, Not Deregulation

March 27, 2009

One of the great sophistries of the current economic crisis, expounded by the President himself, is that it was caused by “deregulation.”  It sounds good in a stump speech, and some point to the modification of the Glass-Stegall Act in 1999, which allowed investment banks to compete against traditional banks, as the culprit of this [...]

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