All Posts Tagged With: "government oversight"

An Impossible Job

Conventional wisdom has it that the more complex a nation’s economy, the more government oversight and regulation are needed to keep it from spinning out of control. It follows that government must grow in size and complexity along with the economy. Apparently, however, our government has become so vast and complex that it may have [...]

24Feb2011 | Richard W. Fulmer | 2 comments | Continued

Too Big to Fail

“Once you lose your freedom to fail, you also lose your freedom to succeed and you cease to be a free society.” —U.S. Rep. Jeb Hensarling of Texas In March 2008 the investment banking firm Bear Sterns failed and the federal government quickly stepped in. The public was inundated with the phrase “too big to fail” [...]

2Mar2009 | Michael Heberling | 8 comments | Continued
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