deregulation

The President says our economic fundamentals are sound.

Watch it here.

Former Sen. Phil Gramm, called McCain’s econ brain, is co-chair of McCain’s campaign. Gramm, former chair of the Senate Banking Committee opposed President Clinton’s attempt to facilitate tracing of terrorist and criminal money laundering. Since leaving the Senate, the fiercely pro-deregulation Phil Gramm, had been lobbying for Swiss bank UBS this spring [...]

Before I launch into my thoughts on Scott McClellan, former White House Press Secretary turned critic of the Bush Administration, I'd like to briefly make an Obama Update. Apparently, Barack Obama decided to leave the Trinity United Church of Christ.

My Lord, that was awful. The first hour contained not a single question on any matter of policy. Not one. They asked about flag pins for crying out loud. They asked no questions, as far as I could tell, about the torture memos, about FISA, about health care, about deregulation, about the housing mortgage crisis, the world food crisis, global warming, al Qaeda or Pakistan.

The Politico reports that the co-chair of McShame’s presidential campaign is directly linked to the current mortgage crisis.

I have been working with a graduate student on a project that is looking into government programs to encourage angel investment that he is conducting for a national angel network group. He sent along an article published last fall in the Economist that said the following:

It should come as no surprise to anyone that housing and services for the mentally ill have critical shortages. Mental health deregulation simply forced states that were woefully unprepared to take on the responsibility for their mentally ill citizens. Of course, no money was provided with this sly "unfunded mandate," so counties and cities were quickly overwhelmed and drained their meager mental health budgets on about the first five folks who showed up with bags in hand.

From none other than the National Review:

It would be a real mistake to think of Paul as the Dennis Kucinich of the right…

Robert Samuelson has a good piece in The Washington Post on the election cycle tradition of economic “stimulus” packages

Call this Lollipop Economics. It’s an election year. Voters feel anxious about a weakening economy. Send them economic lollipops (say, a $500 tax rebate for most families). Make them feel better. Sho