The government today announced the formation of a sweeping, new regulatory agency that will oversee and govern the entire financial sector. Banks, stock brokerages, mortgage lenders, finance companies, hedge funds, mutual funds, asset management firms and insurance companies, among others, will all fall under the purview of this agency. This new regulatory body will be [...]
Posts Tagged ‘government’
A little while back, I posted plans that the U.S. government could use to plug its giant deficit and debt holes. (#1, #2 and #3) Despite promising many more recommendations, I haven’t provided any for a couple of weeks. The reason for my negligence is that I have become despondent in the interim. I regularly [...]
Announcer: You’re watching the Internet BS News Network, IBSNN, the Internet’s most authoritative news source, as if you care. Anchorperson: Welcome back. Last week we brought you a live press conference in which Professor Penny Lesse, then a senior economic advisor to the government, painted what can be best described as an horrendously bleak picture [...]
In a previous post I offered some suggestions that the U.S. government can use to generate revenue to help slay its deficits and debt. I’ll provide more in the future, but whether the government’s fiscal standing lands above or below the break-even point is not dependent solely on revenue, but also on costs. Today I’m [...]
I’m not American (I’m Canadian), but I admire the United States. I can’t say that I’ve always agreed with every action of every administration, but, then again, I haven’t always agreed with the actions of the government of Canada either. And while it’s true that I have run across one or two Americans who I [...]
I’ve never held high political office, or low political office for that matter, but I’ve noticed that when people who assume key political positions are sworn in they typically have to place their hand on a bible and swear to faithfully fulfill the duties and responsibilities of their offices, “so help me God.” Here’s my [...]
I firmly believe that the best government is the least government unless, of course, the government is doing something that specifically benefits me. In that case, more power to it!