Derivatives Bill: It’s Less Bad, but Still Bad
Two House committees this week approved derivatives legislation that composes a significant part of the Obama Administration’s Financial Services reform plan. Remarkably, for a plan… Read More
Two House committees this week approved derivatives legislation that composes a significant part of the Obama Administration’s Financial Services reform plan. Remarkably, for a plan… Read More
Not only do government wage controls not work, they usually backfire. Perhaps worse, like a lot of ill-conceived government schemes, they often punish the wrong… Read More
The Obama Administration promised unprecedented transparency in its financial recovery efforts, including a gee-whiz $18 million web site, Recovery.gov. The problem is that the Administration… Read More
Since October Heritage has been writing about the need for an Independent Financial Markets Commission to look into causes and remedies of the market crisis…. Read More
First Washington decided auto makers needed bailing out, next it was auto parts suppliers, not to mention “too big” insurance companies. Now one Congressman is… Read More
The left’s big search for ‘shovel ready‘ projects continues. The White House Bulletin reports that New Mexico Sen. Jeff Bingaman, Chairman of the Senate Energy… Read More
My Heritage colleagues have already noted that the auto bail-out violates the terms of the TARP legislation by extending funding beyond “financial institutions.” It also… Read More
Those who remember the Warren Court recall imaginative renderings of the constitution to expand criminal’s rights coupled with outright judicial hostility to police. The result… Read More
Is there nothing the liberals on Capitol Hill will not throw money at? MIT Professor Andrew Lo testified before the House Oversight Committee last week… Read More
George Soros has written three books warning of an impending financial crisis. He admits to being like the boy who cried “wolf,” adding he was… Read More