The Market Institute

Cato Institute April 28, 2010 After an economic “malaise” brought on by thirty years of increased spending and entitlement programs, Ronald Reagan was elected to the Presidency with an overwhelming majority.  With talk of massive cuts in taxes and spending, Reagan promised to not only stop the expansion of government, but drastically shrink it.  Newt Gingrich [...]

Yesterday, the debate on financial reform started (here and here). Quotes of the day: Sen. Richard Shelby, Rankding Republican on the Banking Committee said, “He and other Republicans hoped to rewrite the White House-backed bill so that it actually ends bailouts, protects consumers without jeopardizing

Round 3: Gop Wins again and stops the Financial Regulatory Reform bill from heading to the floor. Round 4: The Democrats wins, and the financial regulatory reform bill is on the floor (here, here, here, here, and here). After Senator Shelby, the Ranking Republican on the Banking Committee, announced that he could not get any [...]

Round 2: Win GOP (here, here, here, here, and here). With all of the attention drawn toward the Goldman Sachs trial yesterday, there was not much coverage of the Republican win, but they were able to hold the line for a second attempt by the Democrats to bring the financial regulatory