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With the recent publication of its final rule, the federal government's Financial Stability Oversight Council is now in position to designate certain nonbank firms as "systemically important financial institutions" (SIFIs). There is probably no aspect of the Dodd-Frank Act that will have more damaging effects on competition in the U.S. financial system.
If Washington is going to change America’s contract with those who serve that if they fight, they’ll have the very best to win, shouldn’t they first tell those in uniform?
While adding “in bed” may make bland comments amusing, adding “like Steve Jobs” doesn’t make dumb ideas interesting or executable.
Many commentators have complained about the damage the president's proposed new budget would do to our national prosperity. Less has been said about the effect it will have on something far more important: our national character.
While it may be harmful and disingenuous to insist upon a single algorithm or best approach to practicing medicine, it could be helpful to at least provide clear guidance so that physicians would know to avoid certain therapeutic approaches.
The Securities and Exchange Commission's lawsuits against six top executives of Fannie Mae and Freddie Mac, announced last week, are a seminal event.
Tomorrow, the Pentagon will begin to reveal plans to cut $500 billion over the next ten years. In a new report and a Wall Street Journal op-ed, American Enterprise Institute (AEI) defense expert Mackenzie Eaglen explains that:
President Obama’s forthcoming 2013 defense budget will...As President Obama prepares to meet other G-20 leaders in Cannes later this week, he previewed his pitch with an op-ed in the Financial Times. It read a bit like a half-time locker room pep talk to a team that had gotten knocked around on the field.








