Posts Tagged ‘consumer protection’

When Shrinkage Means Expansion


Monday December 3rd, 2012   •   Posted by K. Lloyd Billingsley at 9:33am PDT   •   0 Comments

The election is over and as the nation advances toward the “fiscal cliff” many assume that the mortgage and financial crises are over. Some review is clearly in order. In September 2008 the federal government took over the mortgage giants Fannie Mae and Freddie Mac. During the 2012 election campaign, the U.S. Treasury Department…
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Financial Crisis and Leviathan


Monday September 17th, 2012   •   Posted by K. Lloyd Billingsley at 2:54pm PDT   •   13 Comments

On a recent C-SPAN show, Richard Cordray, director of the federal Consumer Financial Protection Bureau, (CFPB) confirmed that the new federal agency that hasn’t done much in its first 14 months except expand an already bloated and wasteful government during a recession. The CFPB is the result of the 2010 Dodd-Frank Wall Street Reform…
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Beyond Politics: The Roots of Government Failure


Thursday December 8th, 2011   •   Posted by David Theroux at 10:40pm PDT   •   0 Comments

Traditional public policy and welfare economics have held that “market failures”—the presumed inability of a free market to deliver certain goods and services deemed to be in the public interest—are common and require government intervention to protect the public good. But is this actually the case? The Independent Institute book, Beyond Politics, by Senior…
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