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Tag Archives: regulation
To most, the title of this post is, at best, confusing, at worst, completely counter-intuitive. How can regulations increase personal freedom? How can higher taxes increase personal wealth? This predictable response speaks to how weak the progressive message has been on the central issues of our time: raising taxes on the rich and raising regulations on the powerful. There exists no narrative, no cogent talking points, no easily accessible argument that we can employ to defend what we believe in: that taxes should be higher on the wealthy, and that regulations should be more comprehensive to protect the majority of Americans. But this doesn’t have to be the case. We can change the debate, and we do this by changing … More >>
We have yet to calculate the full extent of the damage in the gulf, but it’s looking like it may be the worst environmental disaster ever. Unfortunately, I’m afraid this is only the beginning… A couple of years ago, I read a book called The Wrecking Crew by Wall Street Journal columnist Thomas Frank (also the author of the great book, What’s the Matter with Kansas). He gets deep on the how the Bush Administration systematically broke down and sold off large portions of our government’s functions to the private sector. I can’t totally do it justice – you gotta read the book – but the gist of it is that conservatives don’t really believe that government should do much of anything. Ever since … More >>
In case you weren’t sure why the SEC was unable to catch Bernie Madoff or police Wall Street over the past few years, thankfully the answer is finally here. On April 23, 2010, a newly released government report concluded that many senior SEC officials spent hours viewing and downloading pornography on the agency’s computers. What does one have to do with the other. Cue Californian Republican Rep. Darrell Issa: Issa remarked it was, “disturbing that high-ranking officials within the SEC were spending more time looking at porn than taking action to help stave off the events that put our nation’s economy on the brink of collapse.” Fair enough. Although in the SEC’s defense, maybe they heard rumors that Bernie Madoff … More >>