These people want to determine health care policy. Really, it’s amazing.
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In addition to providing some well-deserved snark regarding Maxine Waters’s financial illiteracy, Michael Moynihan refers us to this piece by Elizabeth MacDonald, which points out–in fairness to Waters–that hers were not the only mind-bendingly bad questions confronting Federal Reserve Chairman Ben Bernanke:
January 20, 2010 – 3:41 pm
The dust hasn’t even begun to settle in the wake of Scott Brown’s victory, but there are already stories and trends worth noting.
By Pejman Yousefzadeh
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Posted in Blogs, Chequer-Board
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Also tagged Barack Obama, Congress, Democrats, health care, Health Care Policy, Health Care Reform, Independents, Martha Coakley, Massachusetts, Obama Administration, Politics, Republicans, Scott Brown, Senate, Special Election
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November 5, 2009 – 10:59 am
Today’s podcast focuses on Sen. Chris Dodd’s proposal for a vast overhaul of the banking regulatory framework, weakening the Federal Reserve, and Rep. Barney Frank’s letter putting pressure on bank regulators to loosen up capital flows.
October 28, 2009 – 11:26 pm
So, let’s review the bidding . . .
October 27, 2009 – 8:59 am
Barney Frank: “We are trying on every front to increase the role of government.”
Yes, that’s my question. Even though the week’s headlines are about how much senior management should be paid, the real underlying questions are: can the government do this effectively, and should they be doing it in the first place?
Tim Geithner’s legacy as Treasury Secretary will depend on what he does to overhaul the regulation of the financial system. When things go really awry and your job is to make sure that never happens again, you have a choice of two basic approaches: you can try to understand and address the sources of the problem; or you can shoot the messenger. According to the headlines, Geithner is focusing on the latter.
Democrats seem bent on controlling each and every aspect of our daily lives. Their latest effort, they want to control the pay of those who work in the financial services industry.
April 21, 2009 – 11:45 am
Ezra Klein wants Eliot Spitzer back in public life, and argues that New Yorkers should take him back just like his wife did, and presumably for the same reasons. This is part of Spitzer’s rehab tour. But Klein has picked the wrong man, and for the wrong reasons.
Democrat Congressman Barney Frank wants to give the US government control over the salaries of every employee in any company that takes any amount of federal bailout money.
