The President will release his budget next week, kicking off weeks of hearings and discussions about funding our nation’s priorities. However, the real news will once again be what is happening behind closed doors. Private discussions will continue on yet another stimulus and liberals must try to find a way to move Obamacare, perhaps through the politically poisonous reconciliation process. Even after the President’s State of the Union address, many questions remain.
Yesterday, the Heritage Foundation’s Margaret Thatcher Center for Freedom hosted a panel on “The Implications of the G-20 Summit for the Political Sovereignty and Economic Freedom of the United States.” The panel, which was hosted by Dr. Ted R. Bromund and featured Dr. J.D. Foster (Heritage), Dr. Desmond Lachman (AEI), …
John Kay has a great column in the Financial Times today titled: “More Regulation Will Not Prevent Next Crisis.” Kay concludes: Banking supervision should then be limited to the weeding out of unfit persons. Capital requirements, liquidity provisions and risk assessments should be matters for the business judgment of the …