Take Heart Republicans, Obama’s Legacy is Written In Pencil

President Obama has been openly covetous of building a legacy that would secure his name in the history books. “I have no desire to be one of those presidents who are just on the list – you see their pictures lined up on the wall,” Obama told historian Doris Kearns Goodwin in 2007. “I really…
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Dodd-Frank’s Legacy of Community Bank Destruction

Hillary Clinton loves to talk tough about reining in the big “Wall Street” banks. She also loves to wax poetic about the small, “Main Street” banks that were once a bedrock of communities. “Today, local banks are being squeezed by regulations that don’t make sense for their size and mission—like endless examinations and paperwork designed…
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Hillary Clinton’s Economic Speech: A Study in Contradictions

We didn’t have high hopes for Hillary Clinton’s economic speech. After all, here’s how POLITICO billed it:  Clinton’s aide said she will discuss some of the structural forces conspiring against sustainable wage growth, such as globalization, automation, and even consumer-friendly “sharing economy” firms like Uber and Airbnb that are creating new relationships between management and labor…
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Dodd-Frank Making "Too Big to Fail Banks" Even Bigger

The Panama Canal was one of the largest and most difficult engineering projects ever undertaken. It required the construction of the Gatun Dam, which at the time was the largest dam in the world; the creation of the Panama Railway, for transporting the heavy-duty equipment to the remote location; and formed three sets of ship’s…
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Commissioner: New Dodd-Frank Agencies Not Following Regulatory Rules

With Democrats in control Washington has become like a bad episode of Hoarders. Rather than actually reform existing programs to make them work better, they write new laws, draw up more red tape, and create expensive new programs and agencies. The result is a tangled up mess of a bureaucracy that not only deters good…
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The American Economy Deserves Better than Current Regulatory and Tax Policies

A friend and I were talking today about just how difficult it will be to explain current memes to future generations. By and large this is a problem that past generations really didn’t have to deal with. Sure the 1920s may have a hard time explaining their love of mah-jongg, the 50s would need to…
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