The Shadow Financial Regulatory Committee comments on the SEC's proposed rules implementing provisions of the Credit Rating Agency Reform Act of 2006.

The same money can't be spent twice. ObamaCare tries to do precisely that, and the government will have to borrow the difference.

Paul Krugman says the opponents of the Affordable Care Act are liars and repeats claims that are a flagrant falsehoods in 2012.

The Japanese military is emerging from decades of pacifism. But do the country's political leaders have the vision and the will to make the country strong again?

The Shadow FinancialRegulatory Committeedisagrees with an SEC proposal toprohibit investment management companies from directing brokerage to particular brokerage houses.

Last year's repeal of the final remaining vestige of Regulation Q, the prohibition of payment of interest on business demand deposits, at long last completed a pro-competitive process which began with the Monetary Control Act of 1980.  The repeal was and is a good idea.  We can easily see this by asking and answering half a dozen simple questions, to make the matter clear.

In its planning document prepared for the Government Performance and Results Act, the Federal Reserve Board notes that the use by banks of sweep accounts may complicate its implementation of monetary policy.

House Republicans have broken the hugely successful spectrum auction authorization first effected in 1993 and also delayed for many years any possibility that digital broadcast spectrum that is almost entirely unused can be repurposed to serve the growing demands for wireless broadband.