Dodd Bill Institutionalizes Too Big to Fail
Posted in Main Blog (All Posts) on April 17th, 2010 4:31 am by HL
Dodd Bill Institutionalizes Too Big to Fail
Peter Wallison, The American
One thing can be said about the current debate over the administration’s financial regulation plan, or at least Senator Chris Dodd’s version: the debate has sharpened the issues so that Dodd, the Democrats, and the administration can no longer hide behind slogans. If the administration thought that the bill could be passed simply because the American people resent Wall Street and the big banks, they may have guessed wrong. Senate Minority Leader Mitch McConnell has called them on this, and pointed out that the Dodd bill has some troubling provisions. This required…
Europe Tax Model Delivers More Benefits
Steven Hill, Sacramento Bee
Most Americans seem to regard April 15 – the day income tax returns are due to the Internal Revenue Service – as a recurring tragedy akin to a biblical plague. Particularly this year, with U.S. government deficits soaring, everyone from the tea baggers to Fox News and Senate Republicans are sounding the alarm about a return to “big government.”Ex-New York mayor Rudy Giuliani even stated recently that President Barack Obama was moving us toward – gasp – European socialism.
Obama’s Dangerous Moral Equivalence
Mark Davis, Dallas Morning News
Is it good or bad for the United States and Russia to reduce their nuclear arsenals?Either answer is wrong. But it was a trick question, based on a false equivalency.A reduction in the Russian arsenal is a self-evident good. While no longer operating under the old Soviet model of world domination, Russia is a lumbering third-world nation run by paranoid leaders still nostalgic about the days when Moscow made other capitals snap to attention with a nuclear threat.
