A Curmudgeon's Notebook — Thoughts on values, education, engineering, politics, civility, . . . . . . . by Don Nordeen

Thoughts on the Core Principle, "Limited Government"

2010 October 28
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    Achieving the objective of limited government will require thinking "outside the box".  And it will likely not be easy.  The continuation of this post provides some thoughts on why the role of government is growing and what changes are likely required to reign in the expansion of government. 

    Please add your comments on this important subject. 

Don Nordeen
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• Key Words:  Constitution, separation of powers, checks and balances, limited government

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Laws and Regulation of Financial Institutions

2010 March 09
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    The continuation of this post is my letter to Professor Elizabeth Warren, chairman of the TARP Oversight Committee, concerning legislation to prevent a repeat of the financial collapse in 2008.  My conclusion is that clear requirements in the law are needed.  Laws that provide discretion to bureaus have demonstrated that they cannot consistently provide the protections intended. 

    (added 2011 Nov 16)  See The Next Crisis – Ballooning National Debt? concerning Canadian national debt.  Canada began a debt reduction effort in the late 1990s. 

Don Nordeen
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• Key Words:  Economy, Financial Systems Policy, National Economy, Public Policy Issues, real estate collapse, Wall Street, Main Street, banks, banking, banking regulation, laws, regulations, credit default swaps, mortgage-backed securities, securities ratings

 

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