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Initiatives to expand regulation of the food industries with the overall goal of increasing competition and commodity prices farmers receive often have the unintended consequence of raising consumer prices and lowering farmers’ prices while reducing the quality and variety of food products available to consumers.
The collapse of MF Global has exposed weaknesses in the Commodity Futures Trading Commission's and Federal Reserve Bank of New York's ability to evaluate the risks that the institution's operations.
Government sponsored enterprises could be reformed using a specific plan that ensures the availability of mortgage financing while focusing the government on its relative strengths of providing a backstop against financial catastrophes and directing appropriate subsidies for affordable housing.
The current dependence upon a small and select number of primary dealers is neither necessary nor in the best interests of taxpayers.
The Cold War is an increasingly distant memory in American military minds, except in the minds of the arms control community, and in particular those who seek the elimination of nuclear weapons. Alas, our president is a member in good standing of this community—indeed, an organizer.So, too, it...
If Democratic complaints aboutpoor oversight in the 109th Congress are to be taken seriously, they should start by revamping the committee structure.
The SFRC urges the Federal Housing Finance Board to require thatFHLB accounting statements recategorize excess stock as a form of debt. Moreover, studying this issue has convinced the SFRC that a piecemeal approach to restructuring capital requirements for the FHLBs is inadequate. The entire structure of capital management across the FHLB system needs a thorough overhaul.
The U.S. structure for collective investment, in which individual corporations hire outside investment advisers, is unusual among developed economies. Most other industrialized nations use structures based on a direct contractual relationship between the fund manager and the investor. In such structures, there is no intervening corporation, but there are...





