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.

In a recent column, The Washington Post’s Fact Checker declared Rep. Ron Paul votes against “virtually every piece of legislation that could be interpreted as government overreach or interference with the free market.” There one small problem with the analysis: It ignores the fact that Paul is one of the biggest pork-barrel earmarkers on Capitol Hill. 

Many liberals predicted that the financial crisis would increase Americans' confidence in Big Government. That has not happened.

Big government has become a big, waddling, sluggish beast, ever ready to boss you around, but not able to perform useful functions at anything but a plodding pace.

Tuesday, President Obama embraced the language of American exceptionalism--and harnessed it for a sustained argument in defense of activist government.

The implications of the midterm elections for public policy and the 2012 presidential election remain unclear, but it seems to difficult to deny that the policies of the Obama Democrats are not the kind of change Americans hoped for.

The Obama Democrats have been giving Americans more government, with a vengeance, but the voters seem about to wreak vengeance in their turn.