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.
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the cost of litigation is strangling the market, and the availability of credit is thereby cut back on lending to potential homeowners.
I agree with the testimony of Professor Coffee that this committee seems to be rushing from the first Jobs Act to kind of a 'Jobs Act II,' without fully understanding the consequences of the first law.
But why would we want to extend the taxpayer subsidy and bailout safety net to capital markets and asset management?
Designating more private companies as too-big-to-fail and turning their regulation over to the Federal Reserve and its ever-growing safety net, if you will, is not going to solve the problems of taxpayer exposure to the financial system.





