Browsing All posts tagged under »financial regulation«

When you combine ignorance and leverage, you get some pretty interesting results – Warren Buffet

September 23, 2010 by

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Policymakers around the globe are still wondering how to reform the banking sector, instead of more worthless regulatory schemes, we now have the answer: Limited Purpose Banking as presented by Dr. Larry Kotlikoff in his book Jimmy Stewart is Dead: Ending the World’s Ongoing Financial Plague with Limited Purpose Banking.  Dr Larry Kotlikoff and Orphe Divounguy […]

Milton Friedman on Greed

April 27, 2010 by

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Milton Friedman: “Do American presidents choose their political appointees on the basis of virtue? Is political self-interest somehow nobler than economic self-interest?”

SEC vs. Goldman Sachs: what does it mean for the economy and the American middle class?

April 27, 2010 by

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Politically driven or not, the US government couldn’t have picked a worst time to bring accusations against Goldman.  Has anyone stopped to think that if in fact we are at the beginning of a recovery from the worst recession since the Great Depression, this assault on Goldman will hurt and slow down our economic recovery?  What […]