Big Business

Stossel mentions an op-ed in Forbes by Rep. Ryan. Here is the op-ed. I think many people confuse Big Business for what are more realistically agreements between government and business. Many times "regulation" is steered to keep competition out of certain regions or areas and new, would-be competitors suppressed. Hit the link for a refreshing article from an elected official.

American Innovation: How California closed the gap with France in the wine industry

By way of Hot Air, Reason TV explains how the lack of regulation and a spirit of innovation in California led to wines that challenged (and beat) the French at their own game.

Stop changing the rules

Aides say Obama is pressing to ease credit again

As Summers put it, bankers need to recognize that "they've got obligations to the country after all that's been done for them."

He says no major bank would be intact without the government's bailout of the financial sector, and now they need to do all they can to get credit flowing again.
 

Only politicians and bureaucrats have the audacity to demand that you do your duty for the country in order to solve problems they themselves helped cause in the first place. True, the bailout saved many financial institutions - but how many were driven to the point of needing to be saved by federal pressure to promote fast and loose credit policies under the guise of "affordable housing" needs?

Next they'll be telling us that more "Land Use" restrictions are part of the so-called "green" stimulus.

Great news!

Our Political Class has not learned a damn thing:

In a bad case of déjà vu, it’s being reported that “regulators will be bringing pressure on banks to make greater efforts to serve poorer communities after an FDIC survey showed that more than a quarter of U.S. households have little or no financial activity through banks.”