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Why We Regulate - and Why John Walsh Must Resign

Regulatory agencies exist to protect the public, not the corporations they regulate. The head of the Office of Comptroller of the Currency doesn't seem to understand that. But that's not why John Walsh needs to resign. The OCC was created to stabilize the economy,...

Trigger Happy

Suddenly Washington is filled with proposals for 'debt triggers,' policy devices that would force spending cuts if arbitrary targets aren't met in the future. Everybody's either got one or wants one: the President, the Republicans, the Gang of Six, and all the usual...

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