The Federal Government really is the one that poses the single biggest systemic risk, and it is really not even close.
Scott Garrett: “The Federal Government really is the one that poses the single biggest systemic risk, and it is really not even close.”
Editor's note · Context
Claiming that government policies are the largest systemic risk to the economy.
Share
More from Scott Garrett
The proposal before us is the resurrection of a bank that embodies the corruption of the free enterprise system. Yes, we have the opportunity today to save capitalism from cronyism. Yes, we have the opportunity to protect the American…
But why would we want to extend the taxpayer subsidy and bailout safety net to capital markets and asset management?
For the sake of the American taxpayer and preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.
During this non-recovery recovery, to borrow Chairman Hensarling's words, ... the SEC should be focusing its attention less on funds serving sophisticated investors.





